diff --git a/Gemfile.lock b/Gemfile.lock
index 5e788cf..3604834 100644
--- a/Gemfile.lock
+++ b/Gemfile.lock
@@ -1,7 +1,7 @@
 PATH
   remote: .
   specs:
-    varnisher (1.0.beta.2)
+    varnisher (1.0.beta.3)
       main (~> 5.2.0)
       nokogiri (~> 1.6.0)
       parallel (~> 0.7.1)
diff --git a/README.md b/README.md
index bfca815..0547abb 100644
--- a/README.md
+++ b/README.md
@@ -20,7 +20,7 @@ rdoc.info](http://rdoc.info/github/robmiller/varnisher).
 Varnish requires Ruby >1.9.3 to run. If you've got a recent Ruby
 installed, then Varnisher can be installed easily via RubyGems.
 
-The latest prerelease is 1.0.beta.2, which can be installed with:
+Varnisher is still in beta; you can install it with:
 
 	gem install varnisher --pre
 
diff --git a/lib/varnisher/version.rb b/lib/varnisher/version.rb
index 63b00ea..e387aec 100644
--- a/lib/varnisher/version.rb
+++ b/lib/varnisher/version.rb
@@ -1,3 +1,3 @@
 module Varnisher
-  VERSION = '1.0.beta.2'
+  VERSION = '1.0.beta.3'
 end