diff --git a/parity-client/pom.xml b/parity-client/pom.xml
index e827b49e..9f5ff1cc 100644
--- a/parity-client/pom.xml
+++ b/parity-client/pom.xml
@@ -6,7 +6,7 @@
   <parent>
     <groupId>com.paritytrading.parity</groupId>
     <artifactId>parity-parent</artifactId>
-    <version>0.4.1-SNAPSHOT</version>
+    <version>0.5.0</version>
   </parent>
 
   <artifactId>parity-client</artifactId>
diff --git a/parity-file/pom.xml b/parity-file/pom.xml
index 678c91fa..ec0bc009 100644
--- a/parity-file/pom.xml
+++ b/parity-file/pom.xml
@@ -6,7 +6,7 @@
   <parent>
     <groupId>com.paritytrading.parity</groupId>
     <artifactId>parity-parent</artifactId>
-    <version>0.4.1-SNAPSHOT</version>
+    <version>0.5.0</version>
   </parent>
 
   <artifactId>parity-file</artifactId>
diff --git a/parity-fix/pom.xml b/parity-fix/pom.xml
index 352d2dad..9eacb553 100644
--- a/parity-fix/pom.xml
+++ b/parity-fix/pom.xml
@@ -6,7 +6,7 @@
   <parent>
     <groupId>com.paritytrading.parity</groupId>
     <artifactId>parity-parent</artifactId>
-    <version>0.4.1-SNAPSHOT</version>
+    <version>0.5.0</version>
   </parent>
 
   <artifactId>parity-fix</artifactId>
diff --git a/parity-match-perf-test/pom.xml b/parity-match-perf-test/pom.xml
index d6594c4f..069c57d8 100644
--- a/parity-match-perf-test/pom.xml
+++ b/parity-match-perf-test/pom.xml
@@ -6,7 +6,7 @@
   <parent>
     <groupId>com.paritytrading.parity</groupId>
     <artifactId>parity-parent</artifactId>
-    <version>0.4.1-SNAPSHOT</version>
+    <version>0.5.0</version>
   </parent>
 
   <artifactId>parity-match-perf-test</artifactId>
diff --git a/parity-match/pom.xml b/parity-match/pom.xml
index b9c7ca15..e727457b 100644
--- a/parity-match/pom.xml
+++ b/parity-match/pom.xml
@@ -6,7 +6,7 @@
   <parent>
     <groupId>com.paritytrading.parity</groupId>
     <artifactId>parity-parent</artifactId>
-    <version>0.4.1-SNAPSHOT</version>
+    <version>0.5.0</version>
   </parent>
 
   <artifactId>parity-match</artifactId>
diff --git a/parity-net/pom.xml b/parity-net/pom.xml
index 4e8e6ab4..dbaa098d 100644
--- a/parity-net/pom.xml
+++ b/parity-net/pom.xml
@@ -6,7 +6,7 @@
   <parent>
     <groupId>com.paritytrading.parity</groupId>
     <artifactId>parity-parent</artifactId>
-    <version>0.4.1-SNAPSHOT</version>
+    <version>0.5.0</version>
   </parent>
 
   <artifactId>parity-net</artifactId>
diff --git a/parity-reporter/pom.xml b/parity-reporter/pom.xml
index 85acc53a..35dbd14b 100644
--- a/parity-reporter/pom.xml
+++ b/parity-reporter/pom.xml
@@ -6,7 +6,7 @@
   <parent>
     <groupId>com.paritytrading.parity</groupId>
     <artifactId>parity-parent</artifactId>
-    <version>0.4.1-SNAPSHOT</version>
+    <version>0.5.0</version>
   </parent>
 
   <artifactId>parity-reporter</artifactId>
diff --git a/parity-system/pom.xml b/parity-system/pom.xml
index d076aca8..ce152ad3 100644
--- a/parity-system/pom.xml
+++ b/parity-system/pom.xml
@@ -6,7 +6,7 @@
   <parent>
     <groupId>com.paritytrading.parity</groupId>
     <artifactId>parity-parent</artifactId>
-    <version>0.4.1-SNAPSHOT</version>
+    <version>0.5.0</version>
   </parent>
 
   <artifactId>parity-system</artifactId>
diff --git a/parity-ticker/pom.xml b/parity-ticker/pom.xml
index 5d0b30f9..2e82da58 100644
--- a/parity-ticker/pom.xml
+++ b/parity-ticker/pom.xml
@@ -6,7 +6,7 @@
   <parent>
     <groupId>com.paritytrading.parity</groupId>
     <artifactId>parity-parent</artifactId>
-    <version>0.4.1-SNAPSHOT</version>
+    <version>0.5.0</version>
   </parent>
 
   <artifactId>parity-ticker</artifactId>
diff --git a/parity-top-perf-test/pom.xml b/parity-top-perf-test/pom.xml
index 7d033bf6..ba8e1f09 100644
--- a/parity-top-perf-test/pom.xml
+++ b/parity-top-perf-test/pom.xml
@@ -6,7 +6,7 @@
   <parent>
     <groupId>com.paritytrading.parity</groupId>
     <artifactId>parity-parent</artifactId>
-    <version>0.4.1-SNAPSHOT</version>
+    <version>0.5.0</version>
   </parent>
 
   <artifactId>parity-top-perf-test</artifactId>
diff --git a/parity-top/pom.xml b/parity-top/pom.xml
index 48a77233..c9116afa 100644
--- a/parity-top/pom.xml
+++ b/parity-top/pom.xml
@@ -6,7 +6,7 @@
   <parent>
     <groupId>com.paritytrading.parity</groupId>
     <artifactId>parity-parent</artifactId>
-    <version>0.4.1-SNAPSHOT</version>
+    <version>0.5.0</version>
   </parent>
 
   <artifactId>parity-top</artifactId>
diff --git a/parity-util/pom.xml b/parity-util/pom.xml
index 10c935ce..cfab7ac2 100644
--- a/parity-util/pom.xml
+++ b/parity-util/pom.xml
@@ -6,7 +6,7 @@
   <parent>
     <groupId>com.paritytrading.parity</groupId>
     <artifactId>parity-parent</artifactId>
-    <version>0.4.1-SNAPSHOT</version>
+    <version>0.5.0</version>
   </parent>
 
   <artifactId>parity-util</artifactId>
diff --git a/pom.xml b/pom.xml
index 328ead40..ba0f46d9 100644
--- a/pom.xml
+++ b/pom.xml
@@ -11,7 +11,7 @@
 
   <groupId>com.paritytrading.parity</groupId>
   <artifactId>parity-parent</artifactId>
-  <version>0.4.1-SNAPSHOT</version>
+  <version>0.5.0</version>
   <packaging>pom</packaging>
 
   <name>Parity (Parent)</name>
@@ -29,7 +29,7 @@
     <connection>scm:git:git@github.com:paritytrading/parity.git</connection>
     <developerConnection>scm:git:git@github.com:paritytrading/parity.git</developerConnection>
     <url>https://github.com/paritytrading/parity</url>
-    <tag>HEAD</tag>
+    <tag>0.5.0</tag>
   </scm>
 
   <properties>