diff --git a/configure.ac b/configure.ac
index fa23d494..4cec08fb 100644
--- a/configure.ac
+++ b/configure.ac
@@ -4,7 +4,7 @@
 # bootstrap / init
 AC_PREREQ([2.61])
 
-AC_INIT([corosync], [0.99], [openais@lists.osdl.org])
+AC_INIT([corosync], [1.0.1], [openais@lists.osdl.org])
 AM_INIT_AUTOMAKE([-Wno-portability])
 
 AC_CONFIG_SRCDIR([lib/coroipcc.c])