diff --git a/setup.py b/setup.py
index 019e556..2e9d53a 100644
--- a/setup.py
+++ b/setup.py
@@ -11,7 +11,7 @@ def parse_requirements():
 
 setuptools.setup(
     name='warlock',
-    version='0.4.0',
+    version='0.5.0',
     description='Python object model built on top of JSON schema',
     author='Brian Waldon',
     author_email='bcwaldon@gmail.com',