diff --git a/.gitignore b/.gitignore
index 250a4fc..73fda09 100644
--- a/.gitignore
+++ b/.gitignore
@@ -7,3 +7,4 @@ usb-modeswitch-1.1.4.tar.bz2
 /usb-modeswitch-1.2.0.tar.bz2
 /usb-modeswitch-1.2.1.tar.bz2
 /usb-modeswitch-1.2.2.tar.bz2
+/usb-modeswitch-1.2.4.tar.bz2
diff --git a/sources b/sources
index c7fb458..a3e0fd9 100644
--- a/sources
+++ b/sources
@@ -1,2 +1 @@
-1378c0319520c817d49c7e9457c7d6e3  device_reference.txt
-9b29e8b0d93d7604a9e5efc4696d37a3  usb-modeswitch-1.2.3.tar.bz2
+dbd4ce7966d7b4a5a0604a8280f7164d  usb-modeswitch-1.2.4.tar.bz2
diff --git a/usb_modeswitch.spec b/usb_modeswitch.spec
index 2308346..eadfc3c 100644
--- a/usb_modeswitch.spec
+++ b/usb_modeswitch.spec
@@ -1,8 +1,8 @@
 %define source_name	usb-modeswitch
 
 Name:		usb_modeswitch
-Version:	1.2.3
-Release:	2%{?dist}
+Version:	1.2.4
+Release:	1%{?dist}
 Summary:	USB Modeswitch gets mobile broadband cards in operational mode
 Summary(de):	USB Modeswitch aktiviert UMTS-Karten
 Group:		Applications/System
@@ -66,6 +66,9 @@ install -p -m 755 usb_modeswitch.sh $RPM_BUILD_ROOT/lib/udev/usb_modeswitch
 
 
 %changelog
+* Fri Aug 24 2012 Huzaifa Sidhpurwala <huzaifas@redhat.com> - 1.2.4-1
+- New upstream release. Resolves rhbz#785539
+
 * Sun Jul 22 2012 Fedora Release Engineering <rel-eng@lists.fedoraproject.org> - 1.2.3-2
 - Rebuilt for https://fedoraproject.org/wiki/Fedora_18_Mass_Rebuild