diff --git a/lib/paperclip/av/transcoder/version.rb b/lib/paperclip/av/transcoder/version.rb
index ce319b6..320fe11 100644
--- a/lib/paperclip/av/transcoder/version.rb
+++ b/lib/paperclip/av/transcoder/version.rb
@@ -1,7 +1,7 @@
 module Paperclip
   module Av
     module Transcoder
-      VERSION = "0.6.4"
+      VERSION = "0.7"
     end
   end
 end
diff --git a/paperclip-av-transcoder.gemspec b/paperclip-av-transcoder.gemspec
index c62aa5c..fce5b2b 100644
--- a/paperclip-av-transcoder.gemspec
+++ b/paperclip-av-transcoder.gemspec
@@ -18,13 +18,13 @@ Gem::Specification.new do |spec|
   spec.test_files    = spec.files.grep(%r{^(test|spec|features)/})
   spec.require_paths = ["lib"]
 
-  spec.add_development_dependency "bundler", "~> 1.6"
+  spec.add_development_dependency "bundler", ">= 1.6"
   spec.add_development_dependency "rake"
   spec.add_development_dependency "rspec", "~> 3.0.0"
   spec.add_development_dependency "rails", ">= 4.0.0"
   spec.add_development_dependency "sqlite3"
   spec.add_development_dependency "coveralls"
 
-  spec.add_dependency "paperclip", ">=2.5.2"
+  spec.add_dependency "kt-paperclip", ">= 7.1.1"
   spec.add_dependency "av", "~> 0.9.0"
 end