diff --git a/observ/__init__.py b/observ/__init__.py
index c48857b..13e41d8 100644
--- a/observ/__init__.py
+++ b/observ/__init__.py
@@ -1,4 +1,4 @@
-__version__ = "0.4.2"
+__version__ = "0.5.0"
 
 
 from .api import *