diff --git a/loopy/version.py b/loopy/version.py
index 317919cd14d44952a3da2ab8d9ed977a12d6255e..ac521d53bc928ad71937b233e60c8210a1b1c0ff 100644
--- a/loopy/version.py
+++ b/loopy/version.py
@@ -21,7 +21,7 @@ THE SOFTWARE.
 """
 
 
-VERSION = (2016, 1, 1)
+VERSION = (2016, 2, 0)
 VERSION_STATUS = ""
 VERSION_TEXT = ".".join(str(x) for x in VERSION) + VERSION_STATUS
 
@@ -32,4 +32,4 @@ except ImportError:
 else:
     _islpy_version = islpy.version.VERSION_TEXT
 
-DATA_MODEL_VERSION = "v39-islpy%s" % _islpy_version
+DATA_MODEL_VERSION = "v40-islpy%s" % _islpy_version