diff --git a/NEWS.md b/NEWS.md
index cfd553a..2e292af 100644
--- a/NEWS.md
+++ b/NEWS.md
@@ -1,3 +1,7 @@
+New for 1.0.1:
+
+* Relax version requirement for `climate_control` dependency
+
 New for 1.0.0:
 
 * Terrapin::CommandLine::PosixRunner was removed. You can replace any usage of this with Terrapin::CommandLine::ProcessRunner, which uses Ruby’s builtin Process.spawn.
diff --git a/lib/terrapin/version.rb b/lib/terrapin/version.rb
index fadb659..c540d28 100644
--- a/lib/terrapin/version.rb
+++ b/lib/terrapin/version.rb
@@ -1,4 +1,4 @@
 # coding: UTF-8
 module Terrapin
-  VERSION = "1.0.0".freeze
+  VERSION = "1.0.1".freeze
 end