diff --git a/CMakeLists.txt b/CMakeLists.txt
index 9e138b23d3..8b766bfbb1 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -7,8 +7,8 @@ cmake_minimum_required(VERSION 2.6.0)
 set(APPLICATION_NAME ${PROJECT_NAME})
 
 set(APPLICATION_VERSION_MAJOR "0")
-set(APPLICATION_VERSION_MINOR "49")
-set(APPLICATION_VERSION_PATCH "9")
+set(APPLICATION_VERSION_MINOR "50")
+set(APPLICATION_VERSION_PATCH "1")
 
 set(APPLICATION_VERSION "${APPLICATION_VERSION_MAJOR}.${APPLICATION_VERSION_MINOR}.${APPLICATION_VERSION_PATCH}")