diff --git a/README.rst b/README.rst
index 03f41ce..dd4a5de 100644
--- a/README.rst
+++ b/README.rst
@@ -1,7 +1,7 @@
-.. image:: http://www.repostatus.org/badges/latest/wip.svg
-    :target: http://www.repostatus.org/#wip
-    :alt: Project Status: WIP - Initial development is in progress, but there
-          has not yet been a stable, usable release suitable for the public.
+.. image:: http://www.repostatus.org/badges/latest/active.svg
+    :target: http://www.repostatus.org/#active
+    :alt: Project Status: Active - The project has reached a stable, usable
+          state and is being actively developed.
 
 .. image:: https://travis-ci.org/jwodder/inplace.svg?branch=master
     :target: https://travis-ci.org/jwodder/inplace
diff --git a/inplace.py b/inplace.py
index 7a22251..dfa4a14 100644
--- a/inplace.py
+++ b/inplace.py
@@ -9,7 +9,7 @@
 Visit <https://github.com/jwodder/inplace> for more information.
 """
 
-__version__      = '0.1.0.dev1'
+__version__      = '0.1.0'
 __author__       = 'John Thorvald Wodder II'
 __author_email__ = 'inplace@varonathe.org'
 __license__      = 'MIT'
diff --git a/setup.py b/setup.py
index 3ca08b6..ea91950 100644
--- a/setup.py
+++ b/setup.py
@@ -35,8 +35,7 @@
     ],
 
     classifiers=[
-        'Development Status :: 3 - Alpha',
-        #'Development Status :: 4 - Beta',
+        'Development Status :: 4 - Beta',
         #'Development Status :: 5 - Production/Stable',
 
         'Programming Language :: Python :: 2',