diff --git a/VERSION b/VERSION
index 906ddeb9..d2c68af0 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-Version 2.2.1 (2012-10-29 22:25:15) stable
+Version 2.2.1 (2012-10-30 09:41:34) stable
diff --git a/gluon/validators.py b/gluon/validators.py
index ff3c0509..0280126a 100644
--- a/gluon/validators.py
+++ b/gluon/validators.py
@@ -778,7 +778,7 @@ class IS_FLOAT_IN_RANGE(Validator):
         return (value, self.error_message)
 
     def formatter(self, value):
-        if values is None:
+        if value is None:
             return None
         return str2dec(value).replace('.', self.dot)