diff --git a/nemo_export_deploy_common/package_info.py b/nemo_export_deploy_common/package_info.py
index 30127d03f..d078a6e23 100644
--- a/nemo_export_deploy_common/package_info.py
+++ b/nemo_export_deploy_common/package_info.py
@@ -15,7 +15,7 @@
 
 MAJOR = 0
 MINOR = 4
-PATCH = 0
+PATCH = 1
 PRE_RELEASE = ""
 
 # Use the following formatting: (major, minor, patch, pre-release)