diff --git a/pymongo/__init__.py b/pymongo/__init__.py
index b6e1be9d7..772209156 100644
--- a/pymongo/__init__.py
+++ b/pymongo/__init__.py
@@ -70,7 +70,7 @@ SLOW_ONLY = 1
 ALL = 2
 """Profile all operations."""
 
-version_tuple = (3, 0, "b0.post0")
+version_tuple = (3, 0, "b1")
 
 def get_version_string():
     if isinstance(version_tuple[-1], str):
diff --git a/setup.py b/setup.py
index 8624983d3..9a6201eca 100755
--- a/setup.py
+++ b/setup.py
@@ -26,7 +26,7 @@ from distutils.errors import CCompilerError, DistutilsOptionError
 from distutils.errors import DistutilsPlatformError, DistutilsExecError
 from distutils.core import Extension
 
-version = "3.0b0.post0"
+version = "3.0b1"
 
 f = open("README.rst")
 try: