diff --git a/README.md b/README.md
index af5c8662..44c0b09b 100644
--- a/README.md
+++ b/README.md
@@ -15,7 +15,7 @@ To use Timex with your projects, edit your `mix.exs` file and add it as a depend
 
 ```elixir
 defp deps do
-  [{:timex, "~> 0.15.0"}]
+  [{:timex, "~> 0.16.0"}]
 end
 ```
 
diff --git a/mix.exs b/mix.exs
index 0f2d46fa..2ba7be63 100644
--- a/mix.exs
+++ b/mix.exs
@@ -3,7 +3,7 @@ defmodule Timex.Mixfile do
 
   def project do
     [ app: :timex,
-      version: "0.15.1-dev",
+      version: "0.16.0",
       elixir: "~> 1.0.0",
       description: "A date/time library for Elixir",
       package: package,