diff --git a/NEWS b/NEWS
index 60c53ab8..cdc1d541 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,7 @@
+= RubyMotion 0.25 =
+
+  * Fix regressions in the build system.
+
 = RubyMotion 0.24 =
 
   * Updated doc/ReferenceManual.html to track the new changes and also to
diff --git a/Rakefile b/Rakefile
index 4286e67d..fb1a7698 100644
--- a/Rakefile
+++ b/Rakefile
@@ -1,5 +1,5 @@
 PLATFORMS_DIR = '/Developer/Platforms'
-PROJECT_VERSION = '0.24'
+PROJECT_VERSION = '0.25'
 
 sim_sdks = Dir.glob(File.join(PLATFORMS_DIR, 'iPhoneSimulator.platform/Developer/SDKs/iPhoneSimulator*.sdk')).map do |path|
   File.basename(path).scan(/^iPhoneSimulator(.+)\.sdk$/)[0][0]