diff --git a/IPython/Extensions/ipy_profile_sh.py b/IPython/Extensions/ipy_profile_sh.py
index a0ae5ab..19dd11b 100644
--- a/IPython/Extensions/ipy_profile_sh.py
+++ b/IPython/Extensions/ipy_profile_sh.py
@@ -62,11 +62,11 @@ def main():
     o.prompt_in2= r'\C_Green|\C_LightGreen\D\C_Green> '
     o.prompt_out= '<\#> '
     
-    from IPython import Release
+    from IPython.core import release
 
     import sys
     # Non-chatty banner
-    o.banner = "IPython %s   [on Py %s]\n" % (Release.version,sys.version.split(None,1)[0])
+    o.banner = "IPython %s   [on Py %s]\n" % (release.version,sys.version.split(None,1)[0])
     
     
     ip.IP.default_option('cd','-q')
diff --git a/IPython/Extensions/ipy_profile_zope.py b/IPython/Extensions/ipy_profile_zope.py
index 462e38d..5049de0 100644
--- a/IPython/Extensions/ipy_profile_zope.py
+++ b/IPython/Extensions/ipy_profile_zope.py
@@ -18,7 +18,7 @@ Authors
 #  the file COPYING, distributed as part of this software.
 
 from IPython.core import ipapi
-from IPython import Release
+from IPython.core import release
 from types import StringType
 import sys
 import os
@@ -299,7 +299,7 @@ def main():
     # </HACK ALERT>
 
     # I like my banner minimal.
-    o.banner = "ZOPE Py %s IPy %s\n" % (sys.version.split('\n')[0],Release.version)
+    o.banner = "ZOPE Py %s IPy %s\n" % (sys.version.split('\n')[0],release.version)
 
     print textwrap.dedent("""\
         ZOPE mode iPython shell.
diff --git a/IPython/__init__.py b/IPython/__init__.py
index 40d73bf..9b144f9 100644
--- a/IPython/__init__.py
+++ b/IPython/__init__.py
@@ -48,7 +48,8 @@ import os
 sys.path.append(os.path.dirname(__file__) + "/Extensions")
 
 # Define what gets imported with a 'from IPython import *'
-__all__ = ['IPython.core.ipapi','utils.generics','utils.ipstruct','Release','Shell']
+__all__ = ['IPython.core.ipapi','utils.generics','utils.ipstruct',
+    'core.release','Shell']
 
 # Load __all__ in IPython namespace so that a simple 'import IPython' gives
 # access to them via IPython.<name>
@@ -60,13 +61,13 @@ for name in __all__:
 import Shell
 
 # Release data
-from IPython import Release # do it explicitly so pydoc can see it - pydoc bug
+from IPython.core import release # do it explicitly so pydoc can see it - pydoc bug
 __author__   = '%s <%s>\n%s <%s>\n%s <%s>' % \
-               ( Release.authors['Fernando'] + Release.authors['Janko'] + \
-                 Release.authors['Nathan'] )
-__license__  = Release.license
-__version__  = Release.version
-__revision__ = Release.revision
+               ( release.authors['Fernando'] + release.authors['Janko'] + \
+                 release.authors['Nathan'] )
+__license__  = release.license
+__version__  = release.version
+__revision__ = release.revision
 
 # Namespace cleanup
 del name,glob,loc
diff --git a/IPython/core/crashhandler.py b/IPython/core/crashhandler.py
index ec399b8..0cec89e 100644
--- a/IPython/core/crashhandler.py
+++ b/IPython/core/crashhandler.py
@@ -24,7 +24,7 @@ import sys
 from pprint import pformat
 
 # Our own
-from IPython import Release
+from IPython.core import release
 from IPython import ultraTB
 from IPython.external.Itpl import itpl
 
@@ -166,8 +166,8 @@ $self.bug_tracker
         rpt_add = report.append
         
         rpt_add('*'*75+'\n\n'+'IPython post-mortem report\n\n')
-        rpt_add('IPython version: %s \n\n' % Release.version)
-        rpt_add('BZR revision   : %s \n\n' % Release.revision)
+        rpt_add('IPython version: %s \n\n' % release.version)
+        rpt_add('BZR revision   : %s \n\n' % release.revision)
         rpt_add('Platform info  : os.name -> %s, sys.platform -> %s' %
                      (os.name,sys.platform) )
         rpt_add(sec_sep+'Current user configuration structure:\n\n')
@@ -195,7 +195,7 @@ class IPythonCrashHandler(CrashHandler):
         # Set argument defaults
         app_name = 'IPython'
         bug_tracker = 'https://bugs.launchpad.net/ipython/+filebug'
-        contact_name,contact_email = Release.authors[AUTHOR_CONTACT][:2]
+        contact_name,contact_email = release.authors[AUTHOR_CONTACT][:2]
         crash_report_fname = 'IPython_crash_report.txt'
         # Call parent constructor
         CrashHandler.__init__(self,IP,app_name,contact_name,contact_email,
@@ -210,8 +210,8 @@ class IPythonCrashHandler(CrashHandler):
         rpt_add = report.append
         
         rpt_add('*'*75+'\n\n'+'IPython post-mortem report\n\n')
-        rpt_add('IPython version: %s \n\n' % Release.version)
-        rpt_add('BZR revision   : %s \n\n' % Release.revision)
+        rpt_add('IPython version: %s \n\n' % release.version)
+        rpt_add('BZR revision   : %s \n\n' % release.revision)
         rpt_add('Platform info  : os.name -> %s, sys.platform -> %s' %
                      (os.name,sys.platform) )
         rpt_add(sec_sep+'Current user configuration structure:\n\n')
diff --git a/IPython/core/ipmaker.py b/IPython/core/ipmaker.py
index 02a9aa6..ffbc233 100644
--- a/IPython/core/ipmaker.py
+++ b/IPython/core/ipmaker.py
@@ -45,7 +45,7 @@ from pprint import pprint
 
 # Our own
 from IPython.utils import DPyGetOpt
-from IPython import Release
+from IPython.core import release
 from IPython.utils.ipstruct import Struct
 from IPython.core.outputtrap import OutputTrap
 from IPython.config.configloader import ConfigLoader
@@ -114,7 +114,7 @@ def make_IPython(argv=None,user_ns=None,user_global_ns=None,debug=1,
                          'for more information.\n'
                          % (sys.version.split('\n')[0],),
                          "IPython %s -- An enhanced Interactive Python."
-                         % (Release.version,),
+                         % (release.version,),
 """\
 ?         -> Introduction and overview of IPython's features.
 %quickref -> Quick reference.
@@ -323,7 +323,7 @@ object?   -> Details about 'object'. ?object also works, ?? prints more.
         sys.exit()
 
     if opts_all.Version:
-        print Release.version
+        print release.version
         sys.exit()
 
     if opts_all.magic_docstrings:
diff --git a/IPython/core/prompts.py b/IPython/core/prompts.py
index 31346ed..1487d2d 100644
--- a/IPython/core/prompts.py
+++ b/IPython/core/prompts.py
@@ -21,7 +21,7 @@ import time
 
 # IPython's own
 from IPython.utils import coloransi
-from IPython import Release
+from IPython.core import release
 from IPython.external.Itpl import ItplNS
 from IPython.core.ipapi import TryNext
 from IPython.utils.ipstruct import Struct
@@ -170,7 +170,7 @@ prompt_specials_color = {
     # Carriage return
     r'\r': '\r',
     # Release version
-    r'\v': Release.version,
+    r'\v': release.version,
     # Root symbol ($ or #)
     r'\$': ROOT_SYMBOL,
     }
diff --git a/IPython/Release.py b/IPython/core/release.py
similarity index 100%
rename from IPython/Release.py
rename to IPython/core/release.py
diff --git a/IPython/core/tests/test_imports.py b/IPython/core/tests/test_imports.py
index 2662d51..7221512 100644
--- a/IPython/core/tests/test_imports.py
+++ b/IPython/core/tests/test_imports.py
@@ -51,3 +51,6 @@ def test_import_prefilter():
 
 def test_import_prompts():
     from IPython.core import prompts
+
+def test_import_release():
+    from IPython.core import release
\ No newline at end of file
diff --git a/IPython/kernel/core/prompts.py b/IPython/kernel/core/prompts.py
index 4e9e68a..efd6aec 100644
--- a/IPython/kernel/core/prompts.py
+++ b/IPython/kernel/core/prompts.py
@@ -28,7 +28,7 @@ import sys
 from IPython.external.Itpl import ItplNS
 
 from IPython.utils import coloransi
-from IPython import Release
+from IPython.core import release
 from IPython.core.ipapi import TryNext
 from IPython.utils.genutils import *
 import IPython.utils.generics
@@ -153,7 +153,7 @@ prompt_specials_color = {
     # Carriage return
     r'\r': '\r',
     # Release version
-    r'\v': Release.version,
+    r'\v': release.version,
     # Root symbol ($ or #)
     r'\$': ROOT_SYMBOL,
     }
diff --git a/IPython/testing/iptest.py b/IPython/testing/iptest.py
index e82876f..a536831 100644
--- a/IPython/testing/iptest.py
+++ b/IPython/testing/iptest.py
@@ -205,7 +205,7 @@ def make_runners():
        'iplib.py', 'ipmaker.py', 'ipstruct.py', 'Itpl.py',
        'logger.py', 'macro.py', 'magic.py', 'oinspect.py',
        'outputtrap.py', 'platutils.py', 'prefilter.py', 'prompts.py',
-       'PyColorize.py', 'Release.py', 'rlineimpl.py', 'shadowns.py',
+       'PyColorize.py', 'release.py', 'rlineimpl.py', 'shadowns.py',
        'shellglobals.py', 'strdispatch.py', 'twshell.py',
        'ultraTB.py', 'upgrade_dir.py', 'usage.py', 'wildcard.py',
        # See note above for why this is skipped