diff --git a/NEWS.md b/NEWS.md
index 60e510b..cf6801b 100644
--- a/NEWS.md
+++ b/NEWS.md
@@ -1,3 +1,5 @@
+## 1.12.0 2022-10-24
+ * [MODNCIP-44](https://issues.folio.org/browse/MODNCIP-44) - Support inventory 12.0 in ModuleDescriptor "requires"
 ## 1.11.1 2022-08-29
  * [MODNCIP-39](https://issues.folio.org/browse/MODNCIP-39) - Dependency vulnerabilities
 ## 1.11.0 2022-06-24
diff --git a/pom.xml b/pom.xml
index 12ead01..429cead 100644
--- a/pom.xml
+++ b/pom.xml
@@ -3,7 +3,7 @@
 	<modelVersion>4.0.0</modelVersion>
 	<groupId>org.folio</groupId>
 	<artifactId>mod-ncip</artifactId>
-	<version>1.11.2-SNAPSHOT</version>
+	<version>1.13.0-SNAPSHOT</version>
 	<name>NCIP</name>
 	<description>NCIP responder for FOLIO (internal module)</description>