diff --git a/setup.py b/setup.py
index a28b574..5fbcba8 100644
--- a/setup.py
+++ b/setup.py
@@ -1,6 +1,6 @@
 from setuptools import setup
 
-version = '0.5.0-dev'
+version = '1.0.0-dev'
 description = 'Experimental type system extensions for programs checked with the mypy typechecker.'
 long_description = '''
 Mypy Extensions
@@ -11,7 +11,7 @@
 '''.lstrip()
 
 classifiers = [
-    'Development Status :: 2 - Pre-Alpha',
+    'Development Status :: 5 - Production/Stable',
     'Environment :: Console',
     'Intended Audience :: Developers',
     'License :: OSI Approved :: MIT License',