diff --git a/configure.ac b/configure.ac
index 4fd2f62..7f63c83 100755
--- a/configure.ac
+++ b/configure.ac
@@ -23,7 +23,7 @@ dnl                                               -*- Autoconf -*-
 dnl Process this file with autoconf to produce a configure script.
 
 AC_PREREQ(2.62)
-AC_INIT([par2cmdline-turbo], [1.1.1])
+AC_INIT([par2cmdline-turbo], [1.2.0])
 AC_CONFIG_SRCDIR([src/par2cmdline.cpp])
 
 AC_CANONICAL_HOST
diff --git a/par2cmdline.vcxproj b/par2cmdline.vcxproj
index 8a4883a..dc0169c 100644
--- a/par2cmdline.vcxproj
+++ b/par2cmdline.vcxproj
@@ -76,7 +76,7 @@
   <ItemDefinitionGroup Condition="'$(Configuration)'=='Debug'">
     <ClCompile>
       <Optimization>Disabled</Optimization>
-      <PreprocessorDefinitions>WIN32;_DEBUG;_CONSOLE;PARPAR_ENABLE_HASHER_MD5CRC;PACKAGE="par2cmdline-turbo";VERSION="1.1.1";%(PreprocessorDefinitions)</PreprocessorDefinitions>
+      <PreprocessorDefinitions>WIN32;_DEBUG;_CONSOLE;PARPAR_ENABLE_HASHER_MD5CRC;PACKAGE="par2cmdline-turbo";VERSION="1.2.0";%(PreprocessorDefinitions)</PreprocessorDefinitions>
       <MinimalRebuild>true</MinimalRebuild>
       <BasicRuntimeChecks>EnableFastChecks</BasicRuntimeChecks>
       <RuntimeLibrary>MultiThreadedDebug</RuntimeLibrary>
@@ -100,7 +100,7 @@
       <InlineFunctionExpansion>AnySuitable</InlineFunctionExpansion>
       <FavorSizeOrSpeed>Speed</FavorSizeOrSpeed>
       <OmitFramePointers>true</OmitFramePointers>
-      <PreprocessorDefinitions>WIN32;NDEBUG;_CONSOLE;PARPAR_ENABLE_HASHER_MD5CRC;PACKAGE="par2cmdline-turbo";VERSION="1.1.1";%(PreprocessorDefinitions)</PreprocessorDefinitions>
+      <PreprocessorDefinitions>WIN32;NDEBUG;_CONSOLE;PARPAR_ENABLE_HASHER_MD5CRC;PACKAGE="par2cmdline-turbo";VERSION="1.2.0";%(PreprocessorDefinitions)</PreprocessorDefinitions>
       <StringPooling>true</StringPooling>
       <RuntimeLibrary>MultiThreaded</RuntimeLibrary>
       <FunctionLevelLinking>true</FunctionLevelLinking>