diff --git a/setup.py b/setup.py
index afeac006..69ce87fb 100644
--- a/setup.py
+++ b/setup.py
@@ -65,7 +65,7 @@
 
 
 # VERSION should be PEP386 compatible (http://www.python.org/dev/peps/pep-0386)
-VERSION = '0.6.4dev'
+VERSION = '0.7.0'
 
 # Indicates if this version is a release version
 RELEASE = 'dev' not in VERSION