diff --git a/RELEASE_NOTES.md b/RELEASE_NOTES.md
index 51c3595..d9f3f9c 100644
--- a/RELEASE_NOTES.md
+++ b/RELEASE_NOTES.md
@@ -1,5 +1,11 @@
 # RELEASE NOTES
 
+***********************
+# testflo version 1.4.18
+May 28, 2024
+
+- Removed setuptools as a dependency [#115](https://github.com/OpenMDAO/testflo/pull/115)
+
 ***********************
 # testflo version 1.4.17
 May 20, 2024
diff --git a/testflo/__init__.py b/testflo/__init__.py
index 7ad26a6..f6c9fc7 100644
--- a/testflo/__init__.py
+++ b/testflo/__init__.py
@@ -1 +1 @@
-__version__ = '1.4.18.dev0'
+__version__ = '1.4.18'