diff --git a/platformio/__init__.py b/platformio/__init__.py
index 4b35f3f7..71065f38 100644
--- a/platformio/__init__.py
+++ b/platformio/__init__.py
@@ -1,7 +1,7 @@
 # Copyright (C) Ivan Kravets <me@ikravets.com>
 # See LICENSE for details.
 
-VERSION = (0, 11, "0-dev")
+VERSION = (1, 0, "0-dev")
 __version__ = ".".join([str(s) for s in VERSION])
 
 __title__ = "platformio"
diff --git a/setup.py b/setup.py
index df7dc44d..1c0972e3 100644
--- a/setup.py
+++ b/setup.py
@@ -31,7 +31,7 @@ setup(
         ]
     },
     classifiers=[
-        "Development Status :: 4 - Beta",
+        "Development Status :: 5 - Production/Stable",
         "Environment :: Console",
         "Intended Audience :: Developers",
         "License :: OSI Approved :: MIT License",