diff --git a/Makefile b/Makefile
index 25be7c891..8ae7373d3 100644
--- a/Makefile
+++ b/Makefile
@@ -34,7 +34,7 @@ LIB_BUILD_DIR := $(BUILD_DIR)/lib
 STATIC_NAME := $(LIB_BUILD_DIR)/lib$(LIBRARY_NAME).a
 DYNAMIC_VERSION_MAJOR 		:= 1
 DYNAMIC_VERSION_MINOR 		:= 2
-DYNAMIC_VERSION_REVISION 	:= 0
+DYNAMIC_VERSION_REVISION 	:= 1
 DYNAMIC_NAME_SHORT := lib$(LIBRARY_NAME).so
 #DYNAMIC_SONAME_SHORT := $(DYNAMIC_NAME_SHORT).$(DYNAMIC_VERSION_MAJOR)
 DYNAMIC_VERSIONED_NAME_SHORT := $(DYNAMIC_NAME_SHORT).$(DYNAMIC_VERSION_MAJOR).$(DYNAMIC_VERSION_MINOR).$(DYNAMIC_VERSION_REVISION)
diff --git a/doc/release_notes.md b/doc/release_notes.md
index 4277aa9ea..94e595782 100644
--- a/doc/release_notes.md
+++ b/doc/release_notes.md
@@ -151,7 +151,7 @@ OpenPose Library - Release Notes
 
 
 
-## Current version (future OpenPose 1.2.1)
+## OpenPose 1.2.1 (Jan 9, 2018)
 1. Main improvements:
     1. Heatmaps can be saved in floating format.
     2. More efficient non-processing version (i.e., if all keypoint extractors are disabled, and only image extraction and display/saving operations are performed).
@@ -165,3 +165,7 @@ OpenPose Library - Release Notes
     1. Render working on images > 4K (#324).
     2. Cleaned redundant arguments on `getAverageScore` and `getKeypointsArea`.
     3. Slight speed up when heatmaps must be returned to the user (not doing a double copy anymore).
+
+
+
+## Current version (future OpenPose 1.3.0)
diff --git a/src/openpose/gui/gui.cpp b/src/openpose/gui/gui.cpp
index 7e426be50..668b497ff 100644
--- a/src/openpose/gui/gui.cpp
+++ b/src/openpose/gui/gui.cpp
@@ -7,7 +7,7 @@
 
 namespace op
 {
-    const std::string OPEN_POSE_TEXT{"OpenPose 1.2.0"};
+    const std::string OPEN_POSE_TEXT{"OpenPose 1.2.1"};
 
     inline void showGuiHelp()
     {
diff --git a/windows/OpenPose/OpenPose.vcxproj b/windows/OpenPose/OpenPose.vcxproj
index ec4d76cd1..4b1aa3c82 100644
--- a/windows/OpenPose/OpenPose.vcxproj
+++ b/windows/OpenPose/OpenPose.vcxproj
@@ -64,7 +64,7 @@
     </CudaCompile>
     <Link>
       <AdditionalLibraryDirectories>$(CUDA_PATH_V8_0)\lib\x64\;$(PYTHON_LIB);$(CudaToolkitLibDir);%(AdditionalLibraryDirectories);%(AdditionalLibraryDirectories);</AdditionalLibraryDirectories>
-      <Version>1.2.0</Version>
+      <Version>1.2</Version>
     </Link>
   </ItemDefinitionGroup>
   <ItemDefinitionGroup Condition="'$(Configuration)|$(Platform)'=='Release|x64'">