diff --git a/openerp/release.py b/openerp/release.py
index 50bcd0c81e1..3990b1c2fa4 100644
--- a/openerp/release.py
+++ b/openerp/release.py
@@ -30,7 +30,7 @@ RELEASE_LEVELS_DISPLAY = {ALPHA: ALPHA,
 # properly comparable using normal operarors, for example:
 #  (6,1,0,'beta',0) < (6,1,0,'candidate',1) < (6,1,0,'candidate',2)
 #  (6,1,0,'candidate',2) < (6,1,0,'final',0) < (6,1,2,'final',0)
-version_info = (7, 0, 0, FINAL, 0)
+version_info = (7, 'saas~1', 0, FINAL, 0)
 version = '.'.join(map(str, version_info[:2])) + RELEASE_LEVELS_DISPLAY[version_info[3]] + str(version_info[4] or '')
 serie = major_version = '.'.join(map(str, version_info[:2]))
 
diff --git a/openerp/tools/parse_version.py b/openerp/tools/parse_version.py
index 316f102a5e6..3a21b23e797 100644
--- a/openerp/tools/parse_version.py
+++ b/openerp/tools/parse_version.py
@@ -25,7 +25,7 @@
 import re
 
 component_re = re.compile(r'(\d+ | [a-z]+ | \.| -)', re.VERBOSE)
-replace = {'pre':'c', 'preview':'c','-':'final-','_':'final-','rc':'c','dev':'@'}.get
+replace = {'pre':'c', 'preview':'c','-':'final-','_':'final-','rc':'c','dev':'@','saas':'','~':''}.get
 
 def _parse_version_parts(s):
     for part in component_re.split(s):