diff --git a/README.txt b/README.txt
index 63659859..ddb2c140 100644
--- a/README.txt
+++ b/README.txt
@@ -1,5 +1,5 @@
 PyXB -- Python W3C XML Schema Bindings
-Version 1.2.1-DEV
+Version 1.2.1
 
 This source release includes pre-built bundles for common XML namespaces,
 assorted web service namespaces, and SAML.  A bundle for over 75 namespaces
diff --git a/doc/conf.py b/doc/conf.py
index ec0ade86..0fcfdb65 100644
--- a/doc/conf.py
+++ b/doc/conf.py
@@ -47,7 +47,7 @@
 # The short X.Y version.
 version = '1.2'
 # The full version, including alpha/beta/rc tags.
-release = '1.2.1-DEV'
+release = '1.2.1'
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
diff --git a/pyxb/__init__.py b/pyxb/__init__.py
index 52855683..5553c9d7 100644
--- a/pyxb/__init__.py
+++ b/pyxb/__init__.py
@@ -60,7 +60,7 @@ def __init__ (self, *args, **kw):
         if issubclass(self.__class__.mro()[-2], ( list, dict )):
             super(cscRoot, self).__init__(*args)
 
-__version__ = '1.2.1-DEV'
+__version__ = '1.2.1'
 """The version of PyXB"""
 
 __url__ = 'http://pyxb.sourceforge.net'
diff --git a/setup.py b/setup.py
index 663f8125..d3c1d603 100755
--- a/setup.py
+++ b/setup.py
@@ -1,7 +1,7 @@
 #!/usr/bin/env python
 
 # The current version of the system.  Format is #.#.#[-DEV].
-version = '1.2.1-DEV'
+version = '1.2.1'
 
 import distutils.sysconfig