diff --git a/Makefile b/Makefile
index 7b72638..853d198 100644
--- a/Makefile
+++ b/Makefile
@@ -21,6 +21,7 @@
 #You should have received a copy of the GNU Lesser General Public License
 #along with MIToolbox.  If not, see <http://www.gnu.org/licenses/>.
 
+PREFIX = /usr/local
 CXXFLAGS = -O3 -fPIC
 COMPILER = gcc
 objects = ArrayOperations.o CalculateProbability.o Entropy.o \
@@ -94,3 +95,8 @@ clean:
 	rm *.o 
 	rm libMIToolbox.so
 
+.PHONY : install
+install:
+	$(MAKE)
+	@echo "Installing libMIToolbox.so to $(PREFIX)/lib"
+	@cp -v libMIToolbox.so $(PREFIX)/lib