diff --git a/CMakeLists.txt b/CMakeLists.txt
index 8eb817fc..1c19300c 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -3,9 +3,9 @@ project(progress C CXX Fortran)
 
 # The library version is versioned off the major version. If the API
 # changes, the library version should be bumped.
-set(PROJECT_VERSION_MAJOR "0")
-set(PROJECT_VERSION_MINOR "0")
-set(PROJECT_VERSION_PATCH "1")
+set(PROJECT_VERSION_MAJOR "1")
+set(PROJECT_VERSION_MINOR "1")
+set(PROJECT_VERSION_PATCH "0")
 
 set(PROJECT_VERSION
   "${PROJECT_VERSION_MAJOR}.${PROJECT_VERSION_MINOR}.${PROJECT_VERSION_PATCH}")