diff --git a/parl/__init__.py b/parl/__init__.py
index c23f0b91eea4378c0006687ab4b9ca8cef8fa92d..f09038794f6a1ad7fcb428f5fc9194ae4132d53c 100644
--- a/parl/__init__.py
+++ b/parl/__init__.py
@@ -12,7 +12,7 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 
-__version__ = "1.1.1"
+__version__ = "1.2rc0"
 """
 generates new PARL python API
 """