diff --git a/CMakeLists.txt b/CMakeLists.txt
index 7e4a3b00..bb3399c3 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -7,7 +7,7 @@ set(CMAKE_MODULE_PATH "${CMAKE_CURRENT_SOURCE_DIR}/cmake")
 # 3.12 is needed for modern FindPython.
 cmake_minimum_required(VERSION 3.12)
 project("Woof"
-    VERSION 1.2.0
+    VERSION 1.2.1
     DESCRIPTION "Woof! is a continuation of Lee Killough's Doom source port MBF targeted at modern systems."
     HOMEPAGE_URL "https://github.com/fabiangreffrath/woof"
     LANGUAGES C)
@@ -23,7 +23,7 @@ set(PROJECT_COPYRIGHT "Copyright (C) 1993-2020")
 set(PROJECT_LICENSE "GNU General Public License, version 2")
 set(PROJECT_STRING "${PROJECT_NAME} ${PROJECT_VERSION}")
 set(PROJECT_TARNAME "woof")
-set(PROJECT_VERSION_RC "1,2,0,0")
+set(PROJECT_VERSION_RC "1,2,1,0")
 
 # Toggle-able defines added at compile-time.
 option("${PROJECT_NAME}_INSTRUMENTED" "Enable memory allocation statistics" OFF)
diff --git a/README.md b/README.md
index dd720d44..4f38d766 100644
--- a/README.md
+++ b/README.md
@@ -149,6 +149,8 @@ Much like a native Windows build, you do not need to download any dependencies.
    Major release, fixing rendering glitches in huge levels.
  * 1.2.0 (Apr 14, 2020)  
    Major release, introducing precaching of sound effects.
+ * 1.2.1 (May 05, 2020)  
+   Bug-fix release, fixing drag-n-drop for IWAD files and endianess for extended nodes.
 
 # Contact