Bumped up the version number
diff --git a/CHANGES b/CHANGES
index 8cd28ab..4ce2585 100644
--- a/CHANGES
+++ b/CHANGES
@@ -1,4 +1,4 @@
-3.1.0
+3.1.1
 =====
 
 - Backported sanity checks for the ``max_workers`` constructor argument for ThreadPoolExecutor and
@@ -9,6 +9,12 @@
 - Switched to the PSF license
 
 
+3.1.0
+=====
+
+(Failed release)
+
+
 3.0.5
 =====
 
diff --git a/setup.py b/setup.py
index 742a7af..ea0c022 100755
--- a/setup.py
+++ b/setup.py
@@ -15,7 +15,7 @@
     from distutils.core import setup
 
 setup(name='futures',
-      version='3.1.0',
+      version='3.1.1',
       description='Backport of the concurrent.futures package from Python 3.2',
       author='Brian Quinlan',
       author_email='brian@sweetapp.com',