diff --git a/setup.py b/setup.py
index 5155ad03f..928a595dd 100755
--- a/setup.py
+++ b/setup.py
@@ -62,9 +62,9 @@ def _minimal_ext_cmd(cmd):
 AUTHOR = MAINTAINER
 AUTHOR_EMAIL = MAINTAINER_EMAIL
 PLATFORMS = ['Linux', 'Mac OS-X', 'Unix']
-MAJOR = 0
-MINOR = 1
-MICRO = 0
+MAJOR = 1
+MINOR = 0
+MICRO = 2
 REVISION = git_version()
 SUFFIX = REVISION[:8]
 VERSION = '%d.%d.%d' % (MAJOR, MINOR, MICRO)