diff --git a/CMakeLists.txt b/CMakeLists.txt
index 61952cf3dc..33c8421169 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -20,12 +20,12 @@
 project(OCE)
 
 set(OCE_VERSION_MAJOR 0)
-set(OCE_VERSION_MINOR 17)
+set(OCE_VERSION_MINOR 16)
 # OCE_VERSION_PATCH is used for bugfixes releases only
 # (uncomment following line)
-#set(OCE_VERSION_PATCH 0)
+set(OCE_VERSION_PATCH 1)
 #  Empty for official releases, set to -dev, -rc1, etc for development releases
-set(OCE_VERSION_DEVEL -dev)
+set(OCE_VERSION_DEVEL )
 
 # bugfix release: add ${OCE_VERSION_PATCH} to OCE_VERSION
 set(OCE_VERSION ${OCE_VERSION_MAJOR}.${OCE_VERSION_MINOR}${OCE_VERSION_DEVEL})