diff --git a/CHANGES.md b/CHANGES.md
index f31aba63..6e9b08de 100644
--- a/CHANGES.md
+++ b/CHANGES.md
@@ -1,5 +1,13 @@
 # RxAndroid Releases #
 
+### Version 1.2.1 - June 16th 2016 ###
+
+ * New: `AndroidSchedulers.reset()` allows clearing the scheduler cache such that the next call to
+   `AndroidSchedulers.mainThread()` will ask the `RxAndroidSchedulerHook` to re-create it. This API
+   is experimental to match `Schedulers.reset()` in RxJava.
+ * RxJava dependency now points at v1.1.6.
+
+
 ### Version 1.2.0 - May 4th 2016 ###
 
  * Rewrite the Android-specific schedulers (main thread or custom) to greatly reduce allocation and
diff --git a/README.md b/README.md
index fccd6191..8d2b874e 100644
--- a/README.md
+++ b/README.md
@@ -20,7 +20,7 @@ Since RxAndroid is part of the RxJava family the communication channels are simi
 # Binaries
 
 ```groovy
-compile 'io.reactivex:rxandroid:1.2.0'
+compile 'io.reactivex:rxandroid:1.2.1'
 // Because RxAndroid releases are few and far between, it is recommended you also
 // explicitly depend on RxJava's latest version for bug fixes and new features.
 compile 'io.reactivex:rxjava:1.1.6'