diff --git a/configure.ac b/configure.ac
index 027a6105d..ab6e715ec 100644
--- a/configure.ac
+++ b/configure.ac
@@ -3,7 +3,7 @@ dnl
 AC_PREREQ(2.60)
 
 dnl should be "yes" only within the released distribution
-ISRELEASED="no"
+ISRELEASED="yes"
 if test $ISRELEASED = "no"; then
 	RELDATELONG=""
 	RELDATESHORT=""
@@ -14,7 +14,7 @@ fi
 # Silence warning: ar: 'u' modifier ignored since 'D' is the default
 AC_SUBST(AR_FLAGS, [cr])
 
-AC_INIT([fvwm3], 1.0.0, [fvwm-workers@fvwm.org])
+AC_INIT([fvwm3], 1.0.1, [fvwm-workers@fvwm.org])
 AC_CONFIG_AUX_DIR(etc)
 AC_CONFIG_LIBOBJ_DIR(libs)
 AM_INIT_AUTOMAKE([foreign subdir-objects])
@@ -26,9 +26,9 @@ VERSIONINFO=m4_esyscmd([./utils/fvwm-version-str.sh])
 dnl date of the released version (please zero pad the day in the last 2 dates)
 dnl for example: "4 February 2003", "04 Feb 2003", "2003-02-04"
 dnl date format strings: "%e %B %Y", "%d-%b-%Y", "%Y-%m-%d"
-RELDATELONG="02 September 2020"
-RELDATESHORT="02-Sep-2020"
-RELDATENUM="2020-09-02"
+RELDATELONG="04 October 2020"
+RELDATESHORT="04-Oct-2020"
+RELDATENUM="2020-10-04"
 
 # constant variable settings
 FVWMNAMELONG="F? Virtual Window Manager"
diff --git a/utils/fvwm-version-str.sh b/utils/fvwm-version-str.sh
index 2169acb17..dd778a1b2 100755
--- a/utils/fvwm-version-str.sh
+++ b/utils/fvwm-version-str.sh
@@ -10,13 +10,12 @@
 #
 # Intended to be called from configure.ac (via autogen.sh)
 
-VERSION="1.0.0"
+VERSION="released"
 
 [ -d ".git" ] || { echo "$VERSION" && exit 0 ; }
 
 if grep -q -i '^ISRELEASED="yes"' ./configure.ac; then
-	# A release build.  Strip the git information off the tag name.
-	git describe --tags --abbrev=0 2>/dev/null || echo "released"
+	echo "$VERSION"
 else
 	git describe --always --long --dirty
 fi