diff --git a/core/pom.xml b/core/pom.xml
index d080028e593..9bbe31cec7f 100644
--- a/core/pom.xml
+++ b/core/pom.xml
@@ -20,12 +20,12 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel</artifactId>
-        <version>5.0.0-SNAPSHOT</version>
+        <version>5.0.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
     <artifactId>org.wso2.carbon.core</artifactId>
-    <version>5.0.0-SNAPSHOT</version>
+    <version>5.0.0-alpha</version>
     <packaging>bundle</packaging>
     <name>WSO2 Carbon Kernel - Core</name>
     <description>
diff --git a/distribution/pom.xml b/distribution/pom.xml
index e750c6292f3..23e2fd7e441 100644
--- a/distribution/pom.xml
+++ b/distribution/pom.xml
@@ -19,7 +19,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel</artifactId>
-        <version>5.0.0-SNAPSHOT</version>
+        <version>5.0.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/features/org.wso2.carbon.core.runtime.feature/pom.xml b/features/org.wso2.carbon.core.runtime.feature/pom.xml
index a9379b04e90..d7560c58ccc 100644
--- a/features/org.wso2.carbon.core.runtime.feature/pom.xml
+++ b/features/org.wso2.carbon.core.runtime.feature/pom.xml
@@ -19,7 +19,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-features</artifactId>
-        <version>5.0.0-SNAPSHOT</version>
+        <version>5.0.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/features/org.wso2.carbon.core.server.feature/pom.xml b/features/org.wso2.carbon.core.server.feature/pom.xml
index 816f113d1fd..85d20277579 100644
--- a/features/org.wso2.carbon.core.server.feature/pom.xml
+++ b/features/org.wso2.carbon.core.server.feature/pom.xml
@@ -19,7 +19,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-features</artifactId>
-        <version>5.0.0-SNAPSHOT</version>
+        <version>5.0.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/features/pom.xml b/features/pom.xml
index 32eadce513c..461981d76a1 100644
--- a/features/pom.xml
+++ b/features/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel</artifactId>
-        <version>5.0.0-SNAPSHOT</version>
+        <version>5.0.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/launcher/pom.xml b/launcher/pom.xml
index f4edf4c5fd9..53fb5807970 100644
--- a/launcher/pom.xml
+++ b/launcher/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel</artifactId>
-        <version>5.0.0-SNAPSHOT</version>
+        <version>5.0.0-alpha</version>
     </parent>
 
     <artifactId>org.wso2.carbon.launcher</artifactId>
diff --git a/modules/transport/pom.xml b/modules/transport/pom.xml
index 9a09319f072..8ebf095737b 100644
--- a/modules/transport/pom.xml
+++ b/modules/transport/pom.xml
@@ -20,12 +20,12 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel</artifactId>
-        <version>5.0.0-SNAPSHOT</version>
+        <version>5.0.0-alpha</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
     <artifactId>org.wso2.carbon.transport</artifactId>
-    <version>5.0.0-SNAPSHOT</version>
+    <version>5.0.0-alpha</version>
     <packaging>bundle</packaging>
     <name>WSO2 Carbon Kernel - Transport</name>
     <description>This module includes the http transport for kernel based on jetty</description>
diff --git a/pom.xml b/pom.xml
index 9e4fada9243..6ee1be55bac 100644
--- a/pom.xml
+++ b/pom.xml
@@ -26,7 +26,7 @@
     <groupId>org.wso2.carbon</groupId>
     <artifactId>carbon-kernel</artifactId>
     <packaging>pom</packaging>
-    <version>5.0.0-SNAPSHOT</version>
+    <version>5.0.0-alpha</version>
     <name>WSO2 Carbon Kernel - Parent Pom</name>
     <description>WSO2 Carbon Kernel</description>
     <url>http://wso2.org</url>
@@ -70,7 +70,7 @@
         <url>https://github.com/wso2/carbon-kernel.git</url>
         <developerConnection>scm:git:https://github.com/wso2/carbon-kernel.git</developerConnection>
         <connection>scm:git:https://github.com/wso2/carbon-kernel.git</connection>
-        <tag>HEAD</tag>
+        <tag>v5.0.0-alpha</tag>
     </scm>
 
     <build>
@@ -546,7 +546,7 @@
         <project.build.sourceEncoding>UTF-8</project.build.sourceEncoding>
 
         <!-- Carbon platform version comes here-->
-        <carbon.kernel.version>5.0.0-SNAPSHOT</carbon.kernel.version>
+        <carbon.kernel.version>5.0.0-alpha</carbon.kernel.version>
         <carbon.kernel.osgi.version>5.0.0.alpha</carbon.kernel.osgi.version>
         <carbon.kernel.package.export.version>5.0.0</carbon.kernel.package.export.version>
         <carbon.kernel.package.import.version.range>[5.0.0, 6.0.0)</carbon.kernel.package.import.version.range>
diff --git a/tests/osgi-tests/pom.xml b/tests/osgi-tests/pom.xml
index a8dc6969f61..009d6a6cb9d 100644
--- a/tests/osgi-tests/pom.xml
+++ b/tests/osgi-tests/pom.xml
@@ -18,13 +18,13 @@
     <parent>
         <artifactId>carbon-kernel-tests</artifactId>
         <groupId>org.wso2.carbon</groupId>
-        <version>5.0.0-SNAPSHOT</version>
+        <version>5.0.0-alpha</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
     <artifactId>osgi-tests</artifactId>
-    <version>5.0.0-SNAPSHOT</version>
+    <version>5.0.0-alpha</version>
     <name>WSO2 Carbon Kernel - OSGi Tests</name>
     <description>OSGi Tests for Carbon Kernel</description>
     <url>http://wso2.org</url>
diff --git a/tests/pom.xml b/tests/pom.xml
index ea2622722b3..30abdf3faf0 100644
--- a/tests/pom.xml
+++ b/tests/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel</artifactId>
-        <version>5.0.0-SNAPSHOT</version>
+        <version>5.0.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/pom.xml b/tests/test-artifacts/pom.xml
index 32750600f11..5f33d16f3b8 100644
--- a/tests/test-artifacts/pom.xml
+++ b/tests/test-artifacts/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-tests</artifactId>
-        <version>5.0.0-SNAPSHOT</version>
+        <version>5.0.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.deployer.mgt/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.deployer.mgt/pom.xml
index 184ade74036..0fb5c1aa7c6 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.deployer.mgt/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.deployer.mgt/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>startup-coordination</artifactId>
-        <version>5.0.0-SNAPSHOT</version>
+        <version>5.0.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.bps/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.bps/pom.xml
index b642692715f..ad30ea16d8c 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.bps/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.bps/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>startup-coordination</artifactId>
-        <version>5.0.0-SNAPSHOT</version>
+        <version>5.0.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.jar/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.jar/pom.xml
index 04e818eadce..26347a005c3 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.jar/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.jar/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>startup-coordination</artifactId>
-        <version>5.0.0-SNAPSHOT</version>
+        <version>5.0.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.mgt/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.mgt/pom.xml
index 1bfbff67791..de5973c9cd3 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.mgt/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.mgt/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>startup-coordination</artifactId>
-        <version>5.0.0-SNAPSHOT</version>
+        <version>5.0.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.mss/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.mss/pom.xml
index 7ebf1f99845..040aaa0ae2b 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.mss/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.mss/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>startup-coordination</artifactId>
-        <version>5.0.0-SNAPSHOT</version>
+        <version>5.0.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.webapp/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.webapp/pom.xml
index 73e41745fd0..e3aaebd821e 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.webapp/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.webapp/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>startup-coordination</artifactId>
-        <version>5.0.0-SNAPSHOT</version>
+        <version>5.0.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.custom/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.custom/pom.xml
index 8feb62c584d..fdb892db728 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.custom/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.custom/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>startup-coordination</artifactId>
-        <version>5.0.0-SNAPSHOT</version>
+        <version>5.0.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.http/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.http/pom.xml
index 3ab1df41922..904b9b884dd 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.http/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.http/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>startup-coordination</artifactId>
-        <version>5.0.0-SNAPSHOT</version>
+        <version>5.0.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.mgt/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.mgt/pom.xml
index 9cd6f5843a8..4727235db33 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.mgt/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.mgt/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>startup-coordination</artifactId>
-        <version>5.0.0-SNAPSHOT</version>
+        <version>5.0.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/pom.xml b/tests/test-artifacts/startup-coordination/pom.xml
index d7acaf4142d..72649979dc2 100644
--- a/tests/test-artifacts/startup-coordination/pom.xml
+++ b/tests/test-artifacts/startup-coordination/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>test-artifacts</artifactId>
-        <version>5.0.0-SNAPSHOT</version>
+        <version>5.0.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tools/pom.xml b/tools/pom.xml
index e94ba8edac8..78aa820ec07 100644
--- a/tools/pom.xml
+++ b/tools/pom.xml
@@ -18,12 +18,12 @@
     <parent>
         <artifactId>carbon-kernel</artifactId>
         <groupId>org.wso2.carbon</groupId>
-        <version>5.0.0-SNAPSHOT</version>
+        <version>5.0.0-alpha</version>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
     <artifactId>org.wso2.carbon.tools</artifactId>
-    <version>5.0.0-SNAPSHOT</version>
+    <version>5.0.0-alpha</version>
     <name>WSO2 Carbon Kernel - Tools</name>
     <description>
         Standalone tools which are to be used alongside the WSO2 Carbon kernel