diff --git a/configure.ac b/configure.ac
index 8449b401..e5fdd4be 100644
--- a/configure.ac
+++ b/configure.ac
@@ -2,9 +2,9 @@ AC_PREREQ(2.63)
 
 # Version number. This is currently the only place.
 m4_define([HIDAPI_MAJOR],   0)
-m4_define([HIDAPI_MINOR],   7)
+m4_define([HIDAPI_MINOR],   8)
 m4_define([HIDAPI_RELEASE], 0)
-m4_define([HIDAPI_RC],      +)
+m4_define([HIDAPI_RC],      -rc1)
 m4_define([VERSION_STRING], HIDAPI_MAJOR[.]HIDAPI_MINOR[.]HIDAPI_RELEASE[]HIDAPI_RC)
 
 AC_INIT([hidapi],[VERSION_STRING],[alan@signal11.us])