I don't want to release this code into the wild until I get it elegant enough. I don't want sand kicked in my face by some perlMage! Below does work but needs cleaning: 
my $debug = shift @ARGV;

if ( $debug == 1) 
{
    print "debug mode\n";
}

while (<INFILE>) {
    if (/ver =/) {
        $old_version = $_;
        $old_version  =~ s/ver = '//;
        $old_version  =~ s/'//;
        chomp($old_version );
        close INFILE;
    }

my $projlabl = $projectPath;
$projlabl =~ s/\.pro//;
$projlabl = $projlabl . "labeler";

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2006-01-24 Retitled by GrandFather, as per Monastery guidelines
Original title: 'This can be more elegant'

In reply to reading values from file by perlNinny

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