diff --git a/lib/version.rb b/lib/version.rb
index 1904c6c..7eabcf0 100644
--- a/lib/version.rb
+++ b/lib/version.rb
@@ -1,5 +1,5 @@
 module TAC
   NAME = "TimeCrafters Configuration Tool"
-  VERSION = "0.2.0"
-  RELEASE_NAME = "IN-DEV"
+  VERSION = "0.4.0"
+  RELEASE_NAME = "Beta"
 end
\ No newline at end of file