diff --git a/CHANGELOG.md b/CHANGELOG.md
index 69a4348..96f865c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,8 @@
 # Changelog
 
+## 1.2.1
+* Bug - Remove exponential backoff code (#23)
+
 ## 1.2.0
 * Feature - Add time_key and time_key_format config options to add timestamp to records (#9)
 
diff --git a/VERSION b/VERSION
index 26aaba0..6085e94 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-1.2.0
+1.2.1