diff --git a/setup.py b/setup.py
index 751ac7bf..cc739718 100644
--- a/setup.py
+++ b/setup.py
@@ -12,7 +12,7 @@
 
 setup(
     name='species',
-    version='0.0.1',
+    version='0.0.2',
     description='Toolkit for analyzing spectral and photometric data of planetary and substellar objects',
     long_description=open('README.rst').read(),
     author='Tomas Stolker',
diff --git a/species/__init__.py b/species/__init__.py
index adeaa20c..12e253bd 100644
--- a/species/__init__.py
+++ b/species/__init__.py
@@ -33,7 +33,7 @@
 
 __author__ = 'Tomas Stolker'
 __license__ = 'GPLv3'
-__version__ = '0.0.1'
+__version__ = '0.0.2'
 __maintainer__ = 'Tomas Stolker'
 __email__ = 'tomas.stolker@phys.ethz.ch'
 __status__ = 'Development'