diff --git a/CMakeLists.txt b/CMakeLists.txt
index d2d97b94d..045ac75f4 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -7,8 +7,8 @@ endif()
 project(libsmu CXX C)
 
 # libsmu versioning
-set(LIBSMU_VERSION_MAJOR 0)
-set(LIBSMU_VERSION_MINOR 9)
+set(LIBSMU_VERSION_MAJOR 1)
+set(LIBSMU_VERSION_MINOR 0)
 set(LIBSMU_VERSION_PATCH 0)
 set(LIBSMU_VERSION ${LIBSMU_VERSION_MAJOR}.${LIBSMU_VERSION_MINOR}.${LIBSMU_VERSION_PATCH})
 
diff --git a/bindings/python/pysmu/__init__.py b/bindings/python/pysmu/__init__.py
index 3650458ec..a26d42b39 100644
--- a/bindings/python/pysmu/__init__.py
+++ b/bindings/python/pysmu/__init__.py
@@ -1,7 +1,7 @@
 # Released under the terms of the BSD License
 # (C) 2016, Analog Devices, Inc.
 
-__version__ = '0.9.0'
+__version__ = '1.0.0'
 
 from .libsmu import *
 from .exceptions import *