diff --git a/SCVersion.txt b/SCVersion.txt
index d1f469963b..988c9f6f2e 100644
--- a/SCVersion.txt
+++ b/SCVersion.txt
@@ -3,8 +3,8 @@
 
 set(SC_VERSION_MAJOR 3)
 set(SC_VERSION_MINOR 12)
-set(SC_VERSION_PATCH 1)
-set(SC_VERSION_TWEAK "")
+set(SC_VERSION_PATCH 2)
+set(SC_VERSION_TWEAK "-rc1")
 set(SC_VERSION ${SC_VERSION_MAJOR}.${SC_VERSION_MINOR}.${SC_VERSION_PATCH}${SC_VERSION_TWEAK})
 
 # Note: these are provided for backwards compatibility only. In the main project, PROJECT_VERSION_PATCH