diff --git a/distribution/emm-community/pom.xml b/distribution/emm-community/pom.xml
index 3406971..a951363 100644
--- a/distribution/emm-community/pom.xml
+++ b/distribution/emm-community/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>io.entgra.product</groupId>
         <artifactId>distribution</artifactId>
-        <version>5.0.1-SNAPSHOT</version>
+        <version>5.0.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/distribution/iot-community/pom.xml b/distribution/iot-community/pom.xml
index f2dedb9..a6bff83 100644
--- a/distribution/iot-community/pom.xml
+++ b/distribution/iot-community/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>io.entgra.product</groupId>
         <artifactId>distribution</artifactId>
-        <version>5.0.1-SNAPSHOT</version>
+        <version>5.0.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/distribution/pom.xml b/distribution/pom.xml
index 26f80b3..703909d 100644
--- a/distribution/pom.xml
+++ b/distribution/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>io.entgra.product</groupId>
         <artifactId>product-parent</artifactId>
-        <version>5.0.1-SNAPSHOT</version>
+        <version>5.0.0</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/iot-core/pom.xml b/iot-core/pom.xml
index effdd3f..ed72035 100644
--- a/iot-core/pom.xml
+++ b/iot-core/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>io.entgra.product</groupId>
         <artifactId>product-parent</artifactId>
-        <version>5.0.1-SNAPSHOT</version>
+        <version>5.0.0</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/p2-profile/emm/pom.xml b/p2-profile/emm/pom.xml
index 360e59c..00f7804 100644
--- a/p2-profile/emm/pom.xml
+++ b/p2-profile/emm/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>io.entgra.product</groupId>
         <artifactId>p2-profile</artifactId>
-        <version>5.0.1-SNAPSHOT</version>
+        <version>5.0.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/p2-profile/iot/pom.xml b/p2-profile/iot/pom.xml
index 3ade174..8f9fcff 100644
--- a/p2-profile/iot/pom.xml
+++ b/p2-profile/iot/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>io.entgra.product</groupId>
         <artifactId>p2-profile</artifactId>
-        <version>5.0.1-SNAPSHOT</version>
+        <version>5.0.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/p2-profile/pom.xml b/p2-profile/pom.xml
index 8b6c7aa..d40e5e7 100644
--- a/p2-profile/pom.xml
+++ b/p2-profile/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>io.entgra.product</groupId>
         <artifactId>product-parent</artifactId>
-        <version>5.0.1-SNAPSHOT</version>
+        <version>5.0.0</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/pom.xml b/pom.xml
index 1973073..a8d9c20 100644
--- a/pom.xml
+++ b/pom.xml
@@ -23,7 +23,7 @@
     <groupId>io.entgra.product</groupId>
     <artifactId>product-parent</artifactId>
     <packaging>pom</packaging>
-    <version>5.0.1-SNAPSHOT</version>
+    <version>5.0.0</version>
     <name>Entgra Community Product - Parent</name>
     <url>http://entgra.io</url>
     <description>Entgra Community Product</description>
@@ -130,7 +130,7 @@
         <url>https://gitlab.com/entgra/community-product.git</url>
         <developerConnection>scm:git:https://gitlab.com/entgra/community-product.git</developerConnection>
         <connection>scm:git:https://gitlab.com/entgra/community-product.git</connection>
-        <tag>HEAD</tag>
+        <tag>v5.0.0</tag>
     </scm>
 
     <build>