diff --git a/control-event.cabal b/control-event.cabal
--- a/control-event.cabal
+++ b/control-event.cabal
@@ -1,5 +1,5 @@
 name:                control-event
-version:             1.1.0.4
+version:             1.2.0.0
 synopsis:            Event scheduling system.
 description:         Allows scheduling and canceling of IO actions to be
                      executed at a specified future time.
@@ -16,8 +16,8 @@
 
 Library
   build-Depends:       base >= 4.0 && < 5,
-                       time >= 1.1 && < 1.2,
+                       time >= 1.1 && < 1.3,
                        containers >= 0.1 && < 0.4,
-                       stm >= 2.1 && < 2.2
+                       stm >= 2.1 && < 2.3
   extensions:          DeriveDataTypeable
   exposed-modules:     Control.Event, Control.Event.Timeout, Control.Event.Relative