diff --git a/configure.ac b/configure.ac
index 2eb49031b53..a49ac7e4da0 100644
--- a/configure.ac
+++ b/configure.ac
@@ -4,7 +4,7 @@ dnl
 dnl Process this file with autoconf to produce a configure script.
 
 AC_PREREQ([2.60])
-AC_INIT([libfabric], [1.4.2a1], [ofiwg@lists.openfabrics.org])
+AC_INIT([libfabric], [1.4.2rc1], [ofiwg@lists.openfabrics.org])
 AC_CONFIG_SRCDIR([src/fabric.c])
 AC_CONFIG_AUX_DIR(config)
 AC_CONFIG_MACRO_DIR(config)