diff --git a/VERSION b/VERSION
index 0a55cae4..811a53c6 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-Version 1.99.4 (2012-02-21 00:06:19) stable
+Version 1.99.4 (2012-02-21 14:03:59) stable
diff --git a/gluon/contrib/minify/htmlmin.py b/gluon/contrib/minify/htmlmin.py
new file mode 100644
index 00000000..fbb3896b
--- /dev/null
+++ b/gluon/contrib/minify/htmlmin.py
@@ -0,0 +1,13 @@
+# coding: utf-8
+
+import re
+
+def minify(response):
+  def _replace(match):
+    match = match.group()
+    # save whole <pre>, <textarea> tags, and opening <!-- (so it doesn't break <script>)
+    # otherwise, replace all whitespace with a single space character
+    return match if match.startswith(('<pre', '<textarea', '<!--')) else ' '
+  
+  cpat = re.compile(r'\s+|<pre(.*?)</pre>|<textarea(.*?)</textarea>|<!--\s', re.DOTALL)
+  return cpat.sub(_replace, response)