diff --git a/lib/watchr.rb b/lib/watchr.rb
index 3d0b4f4..2c4f832 100644
--- a/lib/watchr.rb
+++ b/lib/watchr.rb
@@ -1,5 +1,6 @@
 require 'pathname'
 require 'rbconfig'
+require 'watchr/version'
 
 # Agile development tool that monitors a directory recursively, and triggers a
 # user defined action whenever an observed file is modified. Its most typical
@@ -14,8 +15,6 @@
 #
 $LOAD_PATH.unshift(File.dirname(__FILE__))
 module Watchr
-  VERSION = '0.7'
-
   begin
     require 'fsevent'
     HAVE_FSE = true
diff --git a/lib/watchr/version.rb b/lib/watchr/version.rb
new file mode 100644
index 0000000..3060563
--- /dev/null
+++ b/lib/watchr/version.rb
@@ -0,0 +1,3 @@
+module Watchr
+  VERSION = '0.7'
+end
diff --git a/watchr.gemspec b/watchr.gemspec
index 44f9f4c..e8c714c 100644
--- a/watchr.gemspec
+++ b/watchr.gemspec
@@ -1,4 +1,4 @@
-require 'lib/watchr'
+require File.expand_path('../lib/watchr/version', __FILE__)
 
 Gem::Specification.new do |s|
   s.name                = "watchr"