diff --git a/setup.py b/setup.py
index 9b9bbf8e..6b8d0a5d 100644
--- a/setup.py
+++ b/setup.py
@@ -22,7 +22,7 @@
 
 setup(
     name="roiextractors",
-    version="0.4.18",
+    version="0.5.0",
     author="Heberto Mayorquin, Cody Baker, Ben Dichter, Alessio Buccino",
     author_email="ben.dichter@gmail.com",
     description="Python module for extracting optical physiology ROIs and traces for various file types and formats",