diff --git a/bower.json b/bower.json
index eed5f84..89a3944 100644
--- a/bower.json
+++ b/bower.json
@@ -1,6 +1,6 @@
 {
   "name": "wysihtml",
-  "version": "0.4.17",
+  "version": "0.5.0-beta1",
   "main": [
     "dist/wysihtml5x.min.js",
     "dist/wysihtml5x-toolbar.min.js"