diff --git a/CHANGELOG.md b/CHANGELOG.md
index 4b4dec1c..49201af8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,7 +5,7 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
-## [Unreleased]
+## [1.1.1] 2022-05-31
 
 ### Added
 
diff --git a/idf_component_tools/__version__.py b/idf_component_tools/__version__.py
index e9cf251b..4471b9ef 100644
--- a/idf_component_tools/__version__.py
+++ b/idf_component_tools/__version__.py
@@ -1,3 +1,3 @@
 """IDF Component Tools Version"""
 
-__version__ = '1.1.0'
+__version__ = '1.1.1'