diff --git a/docs/source/conf.py b/docs/source/conf.py
index deb8a579f..808758c1f 100644
--- a/docs/source/conf.py
+++ b/docs/source/conf.py
@@ -55,9 +55,9 @@
 # built documents.
 #
 # The short X.Y version.
-version = u'0.3.1'
+iversion = u'0.4.0'
 # The full version, including alpha/beta/rc tags.
-release = u'0.3.1'
+release = u'0.4.0'
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
diff --git a/setup.py b/setup.py
index 7ac0fbbcb..0b4eb9670 100755
--- a/setup.py
+++ b/setup.py
@@ -5,9 +5,9 @@
 
 __author__ = "Anders S. Christensen"
 __copyright__ = "Copyright 2016"
-__credits__ = ["Anders S. Christensen (2016) https://github.com/qmlcode/qml"]
+__credits__ = ["Anders S. Christensen et al. (2016) https://github.com/qmlcode/qml"]
 __license__ = "MIT"
-__version__ = "0.3.1"
+__version__ = "0.4.0"
 __maintainer__ = "Anders S. Christensen"
 __email__ = "andersbiceps@gmail.com"
 __status__ = "Beta"