diff --git a/CMakeLists.txt b/CMakeLists.txt
index 5775bc2b..7d33efed 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -14,7 +14,7 @@ endif()
 # libsmu versioning
 set(LIBSMU_VERSION_MAJOR 1)
 set(LIBSMU_VERSION_MINOR 0)
-set(LIBSMU_VERSION_PATCH 3)
+set(LIBSMU_VERSION_PATCH 4)
 set(LIBSMU_VERSION ${LIBSMU_VERSION_MAJOR}.${LIBSMU_VERSION_MINOR}.${LIBSMU_VERSION_PATCH})
 
 # determine a more descriptive project version using git info if available
diff --git a/bindings/python/pysmu/__init__.py b/bindings/python/pysmu/__init__.py
index 761d8fb5..160a4cc3 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__ = '1.0.3'
+__version__ = '1.0.4'
 
 import os