diff --git a/.github/workflows/release.yml b/.github/workflows/release.yml
index 04850f4..d063f40 100644
--- a/.github/workflows/release.yml
+++ b/.github/workflows/release.yml
@@ -19,6 +19,10 @@ jobs:
     - name: Clean up old distribution
       run: bash clean_package.sh
 
+    - name: Determine Package Version
+      id: get_version
+      run: echo "PKG_VERSION=$(bash get_version.sh)" >> $GITHUB_ENV
+
     - name: Build distribution
       run: bash build_package.sh
 
@@ -26,7 +30,7 @@ jobs:
       uses: softprops/action-gh-release@v1
       with:
         files: dist/*
-        name: Release ${{ github.ref_name }} of ${{ github.repository }}
-        body: This is the release of ${{ github.repository }} for version ${{ github.ref_name }}
+        name: Release ${{ env.PKG_VERSION }} of ${{ github.repository }}
+        body: This is the release of ${{ github.repository }} for version ${{ env.PKG_VERSION }}
       env:
         GITHUB_TOKEN: ${{ secrets.GITHUB_TOKEN }}
diff --git a/build_package.sh b/build_package.sh
index b2dab30..7b725b3 100755
--- a/build_package.sh
+++ b/build_package.sh
@@ -7,7 +7,12 @@ python -m pip install --upgrade pip setuptools wheel
 echo "Cleaning up previous builds..."
 rm -rf build/ dist/ *.egg-info
 
-echo "Building the package..."
+echo "Determining package version..."
+# Use get_version.sh to determine the package version
+PKG_VERSION=$(./get_version.sh)
+export PKG_VERSION
+
+echo "Building the package with version $PKG_VERSION..."
 python setup.py sdist bdist_wheel
 
 echo "Build output:"
diff --git a/get_version.sh b/get_version.sh
new file mode 100755
index 0000000..46e9d7f
--- /dev/null
+++ b/get_version.sh
@@ -0,0 +1,18 @@
+#!/bin/bash
+# This script determines the current package version based on Git tags and commits.
+
+set -e # Exit immediately in case of error, do not ignore errors
+
+# Determine the package version from Git
+current_commit=$(git rev-parse HEAD)
+latest_tag_commit=$(git rev-list -n 1 --tags --abbrev=0)
+
+if [ "$current_commit" == "$latest_tag_commit" ]; then
+    PKG_VERSION=$(git describe --tags --abbrev=0)
+else
+    commit_hash=$(git rev-parse --short HEAD)
+    date=$(date +%Y%m%d)
+    PKG_VERSION="0.0.1.dev${date}+${commit_hash}"
+fi
+
+echo $PKG_VERSION
diff --git a/setup.py b/setup.py
index f878ba9..e41c9d6 100755
--- a/setup.py
+++ b/setup.py
@@ -1,3 +1,4 @@
+import os
 from setuptools import setup, find_packages
 
 with open('README.md', 'r', encoding='utf-8') as fh:
@@ -5,7 +6,7 @@
 
 setup(
     name="ps_fuzz",
-    version="1.0.0",
+    version=os.getenv('PKG_VERSION', '0.0.1'),
     author="Prompt Security",
     author_email="support@prompt.security",
     description="LLM and System Prompt vulnerability scanner tool",