diff --git a/README.md b/README.md
index 45d1d43..08a0662 100644
--- a/README.md
+++ b/README.md
@@ -106,8 +106,11 @@ The web UI is on `http://127.0.0.1:8070/` (see `listen` in
 
 ## Status
 
-Housecarl is heading for its first release, 0.1.0: everything above
-works and is tested against real traffic, but it isn't released yet.
+Housecarl 0.1.0 is in testing (0.1.0-rc.1): zones, address sets and
+services with ordered rules, IPv4 and IPv6, port forwards with hairpin NAT
+and IPv6 pinholes, source NAT and redirects, built-ins, probation for
+network changes, the ruleset at boot, hits and the drop log, nftables
+import, a web UI, REST API and CLI.
 
 ## Licence
 
diff --git a/VERSION b/VERSION
index 0d4d124..3738566 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.1.0-dev
+0.1.0-rc.1