diff --git a/doc/source/conf.py b/doc/source/conf.py
index 239082023f..f0560a072d 100644
--- a/doc/source/conf.py
+++ b/doc/source/conf.py
@@ -62,7 +62,7 @@ copyright = u'2010, OpenStack, LLC.'
 # The short X.Y version.
 version = '1.0'
 # The full version, including alpha/beta/rc tags.
-release = '1.0'
+release = '1.0.1'
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
diff --git a/setup.py b/setup.py
index 1fa1a75538..ad1b820c4a 100644
--- a/setup.py
+++ b/setup.py
@@ -17,7 +17,7 @@
 from setuptools import setup, find_packages
 
 name='swift'
-version='1.0.0'
+version='1.0.1'
 
 setup(
     name=name,