diff --git a/Rakefile b/Rakefile
index c10f40d3f..c68ebbf3e 100644
--- a/Rakefile
+++ b/Rakefile
@@ -4,7 +4,7 @@ require 'cucumber/rake/task'
 require 'date'
 
 TEST_PROJECT = 'test_project'
-SUSPENDERS_GEM_VERSION = '0.0.1'
+SUSPENDERS_GEM_VERSION = '0.0.2'
 
 #############################################################################
 #
diff --git a/suspenders.gemspec b/suspenders.gemspec
index 7893b4aad..2802275ce 100644
--- a/suspenders.gemspec
+++ b/suspenders.gemspec
@@ -4,7 +4,7 @@ Gem::Specification.new do |s|
   s.rubygems_version = '1.3.5'
 
   s.name              = 'suspenders'
-  s.version           = '0.0.1'
+  s.version           = '0.0.2'
   s.date              = '2010-05-14'
 
   s.summary     = "Generate a Rails app using thoughtbot's best practices."