diff --git a/CHANGELOG.md b/CHANGELOG.md
index 5e8348c7..eb40efb8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,14 @@
 Version History
 ---------------
 
+### Open VKL 1.0.1
+
+-   Fixed issue in `structuredRegular` and `vdb` interval iterators that could
+    lead to erroneous initial intervals for certain ray inputs
+-   Fixed handling of `intervalResolutionHint` interval iterator context
+    parameter for `amr`, `particle`, and `unstructured` volumes with small
+    numbers of cells / primitives
+
 ### Open VKL 1.0.0
 
 -   The version 1.0 release marks long term API stability (until v2.0)
diff --git a/CMakeLists.txt b/CMakeLists.txt
index 2c88f725..db3a89ed 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -19,7 +19,7 @@ set(CMAKE_POSITION_INDEPENDENT_CODE ON)
 
 ## Establish project ##
 
-project(openvkl VERSION 1.0.0 LANGUAGES C CXX)
+project(openvkl VERSION 1.0.1 LANGUAGES C CXX)
 
 ## Add openvkl specific macros ##
 
diff --git a/README.md b/README.md
index e91122b9..add85015 100644
--- a/README.md
+++ b/README.md
@@ -1,6 +1,6 @@
 # Intel® Open Volume Kernel Library
 
-This is release v1.0.0 of Intel® Open VKL. For changes and new features
+This is release v1.0.1 of Intel® Open VKL. For changes and new features
 see the [changelog](CHANGELOG.md). Visit http://www.openvkl.org for more
 information.
 
@@ -33,6 +33,14 @@ example renderers to demonstrate how to best use the Open VKL API.
 
 ## Version History
 
+### Open VKL 1.0.1
+
+  - Fixed issue in `structuredRegular` and `vdb` interval iterators that
+    could lead to erroneous initial intervals for certain ray inputs
+  - Fixed handling of `intervalResolutionHint` interval iterator context
+    parameter for `amr`, `particle`, and `unstructured` volumes with
+    small numbers of cells / primitives
+
 ### Open VKL 1.0.0
 
   - The version 1.0 release marks long term API stability (until v2.0)
diff --git a/gitlab/.gitlab-ci.yml b/gitlab/.gitlab-ci.yml
index 2b09313a..f8722ec2 100644
--- a/gitlab/.gitlab-ci.yml
+++ b/gitlab/.gitlab-ci.yml
@@ -4,7 +4,7 @@
 variables:
   GIT_DEPTH: "15"
   KW_PROJECT_NAME: openvkl
-  OPENVKL_RELEASE_PACKAGE_VERSION: "1.0.0"
+  OPENVKL_RELEASE_PACKAGE_VERSION: "1.0.1"
   MACOSX_DEPLOYMENT_TARGET: "10.13"
 
 stages: