diff --git a/setup.py b/setup.py
index da807b4cd..663ced4ea 100755
--- a/setup.py
+++ b/setup.py
@@ -280,7 +280,7 @@ def build(self):
 
 # Metadata that gets stamped into the __init__ files during the build phase.
 PROJECT_METADATA = {
-    "version": "0.12.0.dev1",
+    "version": "0.12.0",
     "author": 'Contributors to the OpenTimelineIO project',
     "author_email": 'opentimelineio@pixar.com',
     "license": 'Modified Apache 2.0 License',