diff --git a/configure.ac b/configure.ac
index 8dabe534..53e50013 100644
--- a/configure.ac
+++ b/configure.ac
@@ -15,7 +15,7 @@ dnl if MAJOR or MINOR version changes, be sure to change AC_INIT above to match
 dnl
 OB_MAJOR_VERSION=3
 OB_MINOR_VERSION=4
-OB_MICRO_VERSION=15
+OB_MICRO_VERSION=16
 OB_INTERFACE_AGE=0
 OB_BINARY_AGE=0
 OB_VERSION=$OB_MAJOR_VERSION.$OB_MINOR_VERSION