diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 8b195263..54281962 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 1.1.0
+current_version = 1.2.0
 commit = True
 message = 
 	Prepare for {new_version} release
diff --git a/NEWS.rst b/NEWS.rst
index 74d24754..be71d127 100644
--- a/NEWS.rst
+++ b/NEWS.rst
@@ -8,6 +8,17 @@ Changelog
 
 .. towncrier release notes start
 
+pystack 1.2.0 (2023-07-31)
+--------------------------
+
+Features
+~~~~~~~~
+
+- Add support for Python 3.12 (#108)
+- Improve the performance of reading memory from running processes (#124)
+- Improve the performance of reading memory from core files (#126)
+
+
 pystack 1.1.0 (2023-07-10)
 --------------------------
 
diff --git a/news/108.feature.rst b/news/108.feature.rst
deleted file mode 100644
index 045006ab..00000000
--- a/news/108.feature.rst
+++ /dev/null
@@ -1 +0,0 @@
-Add support for Python 3.12
diff --git a/src/pystack/_version.py b/src/pystack/_version.py
index 6849410a..c68196d1 100644
--- a/src/pystack/_version.py
+++ b/src/pystack/_version.py
@@ -1 +1 @@
-__version__ = "1.1.0"
+__version__ = "1.2.0"