diff --git a/CHANGELOG.md b/CHANGELOG.md
new file mode 100644
index 0000000..9ba84a0
--- /dev/null
+++ b/CHANGELOG.md
@@ -0,0 +1,7 @@
+## v1.1.0
+
+- Use `pigz` / `pbzip2` for faster compression, if available
+
+## v1.0.0
+
+- Initial release
diff --git a/README.md b/README.md
index 2d47716..2d931d1 100644
--- a/README.md
+++ b/README.md
@@ -21,6 +21,8 @@ Install with `pip` or [pipx][]:
 $ pip install icepack
 ```
 
+If `pigz` or `pbzip2` are installed, they will be used for faster compression.
+
 [pipx]: https://pypa.github.io/pipx/
 
 ## Basic Usage
diff --git a/src/icepack/meta.py b/src/icepack/meta.py
index 710b848..8da8a99 100644
--- a/src/icepack/meta.py
+++ b/src/icepack/meta.py
@@ -1,5 +1,5 @@
 NAME = 'icepack'
-VERSION = '1.0.0'
+VERSION = '1.1.0'
 
 SECRET_KEY = 'identity'  # nosec No secret
 PUBLIC_KEY = 'identity.pub'