diff --git a/Corrfunc/__init__.py b/Corrfunc/__init__.py
index 1da00313..23f72f75 100644
--- a/Corrfunc/__init__.py
+++ b/Corrfunc/__init__.py
@@ -13,8 +13,8 @@
 # for-a-packages-init
 if sys.version_info[0] < 3:
     __all__ = [n.encode('ascii') for n in __all__]
-    
-__version__ = "0.2.3"
+
+__version__ = "1.0.0"
 
 if sys.version_info[0] >= 3:
     def rd(filename):
diff --git a/common.mk b/common.mk
index 170a877d..465bf987 100644
--- a/common.mk
+++ b/common.mk
@@ -9,9 +9,9 @@ CLINK:=
 
 ### You should NOT edit below this line
 DISTNAME:=Corrfunc
-MAJOR:=0
-MINOR:=2
-PATCHLEVEL:=3
+MAJOR:=1
+MINOR:=0
+PATCHLEVEL:=0
 VERSION:=$(MAJOR).$(MINOR).$(PATCHLEVEL)