diff --git a/src/anomalib/__init__.py b/src/anomalib/__init__.py
index 1b7a30497c..72495d13ce 100644
--- a/src/anomalib/__init__.py
+++ b/src/anomalib/__init__.py
@@ -5,7 +5,7 @@
 
 from enum import Enum
 
-__version__ = "1.2.0dev"
+__version__ = "1.1.1"
 
 
 class LearningType(str, Enum):