diff --git a/kag/__init__.py b/kag/__init__.py
index 86d924e9..4800c0c7 100644
--- a/kag/__init__.py
+++ b/kag/__init__.py
@@ -203,7 +203,7 @@
 
 
 __package_name__ = "openspg-kag"
-__version__ = "0.6"
+__version__ = "0.7"
 
 # Register Built-in Components
 from kag.common.conf import init_env
diff --git a/knext/__init__.py b/knext/__init__.py
index 7ed2edab..cb22b03f 100644
--- a/knext/__init__.py
+++ b/knext/__init__.py
@@ -11,4 +11,4 @@
 
 
 __package_name__ = "openspg-knext"
-__version__ = "0.6-beta3"
+__version__ = "0.7"