diff --git a/pyrex.py b/pyrex.py
index ba41fcf..f9ea3d7 100755
--- a/pyrex.py
+++ b/pyrex.py
@@ -34,7 +34,7 @@
 import textwrap
 import types
 
-VERSION = "1.1.0"
+VERSION = "1.2.0"
 
 VERSION_REGEX = re.compile(r"^([0-9]+\.){2}[0-9]+(-.*)?$")
 VERSION_TAG_REGEX = re.compile(r"^v([0-9]+\.){2}[0-9]+(-.*)?$")