diff --git a/pyscrypt/__init__.py b/pyscrypt/__init__.py
index 8498d46..047bc00 100644
--- a/pyscrypt/__init__.py
+++ b/pyscrypt/__init__.py
@@ -35,6 +35,6 @@
 from .file import InvalidScryptFileFormat, ScryptFile
 from .hash import hash
 
-VERSION = [1, 4, 1]
+VERSION = [1, 5, 0]
 
 __all__ = ['hash', 'InvalidScryptFileFormat', 'ScryptFile']
diff --git a/setup.py b/setup.py
index 06f908c..76fa111 100644
--- a/setup.py
+++ b/setup.py
@@ -8,7 +8,7 @@
 reference and details.'''
 
 setup(name = 'pyscrypt',
-      version = '1.4.1',
+      version = '1.5.0',
       description = 'Pure-Python Implementation of the scrypt password-based key derivation function and scrypt file format library',
       long_description = LONG_DESCRIPTION,
       author = 'Richard Moore',