diff --git a/config/olm/addon-operator.csv.tpl.yaml b/config/olm/addon-operator.csv.tpl.yaml
index 6e02ac194..a7a2f10ac 100644
--- a/config/olm/addon-operator.csv.tpl.yaml
+++ b/config/olm/addon-operator.csv.tpl.yaml
@@ -7,11 +7,11 @@ metadata:
     containerImage: quay.io/openshift/addon-operator:latest
     capabilities: Full Lifecycle
     # BUMP skipRange so OLM has an upgrade path available
-    olm.skipRange: '>=0.0.1 <0.7.0'
+    olm.skipRange: '>=0.0.1 <1.0.0'
   # BUMP version so OLM has an upgrade available
-  name: addon-operator.v0.7.0
+  name: addon-operator.v1.0.0
 spec:
-  version: 0.7.0
+  version: 1.0.0
   description: |-
     Addon Operator coordinates the lifecycle of Addons in managed OpenShift.
   displayName: Managed OpenShift Addon Operator
diff --git a/config/openshift/manifests/addon-operator.csv.yaml b/config/openshift/manifests/addon-operator.csv.yaml
index 8b68ec88e..af01306b7 100755
--- a/config/openshift/manifests/addon-operator.csv.yaml
+++ b/config/openshift/manifests/addon-operator.csv.yaml
@@ -4,11 +4,11 @@ metadata:
   annotations:
     capabilities: Full Lifecycle
     containerImage: quay.io/openshift/addon-operator:latest
-    olm.skipRange: '>=0.0.1 <0.7.0'
+    olm.skipRange: '>=0.0.1 <1.0.0'
     repository: https://github.com/openshift/addon-operator
     support: "false"
   creationTimestamp: null
-  name: addon-operator.v0.7.0
+  name: addon-operator.v1.0.0
 spec:
   apiservicedefinitions: {}
   cleanup:
@@ -311,7 +311,7 @@ spec:
   provider:
     name: Red Hat
     url: www.redhat.com
-  version: 0.7.0
+  version: 1.0.0
   webhookdefinitions:
   - admissionReviewVersions:
     - v1