diff --git a/modules/components/org.wso2.iot.core.admin.styles/pom.xml b/modules/components/org.wso2.iot.core.admin.styles/pom.xml
index 92d30773..d7edeb31 100644
--- a/modules/components/org.wso2.iot.core.admin.styles/pom.xml
+++ b/modules/components/org.wso2.iot.core.admin.styles/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-components</artifactId>
-        <version>3.3.0-update1-SNAPSHOT</version>
+        <version>3.4.0-alpha</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/components/pom.xml b/modules/components/pom.xml
index b7da7c5d..bcddce1a 100644
--- a/modules/components/pom.xml
+++ b/modules/components/pom.xml
@@ -23,7 +23,7 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-parent</artifactId>
-        <version>3.3.0-update1-SNAPSHOT</version>
+        <version>3.4.0-alpha</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/cxf-filters/pom.xml b/modules/cxf-filters/pom.xml
index c15c3af3..97bb38da 100644
--- a/modules/cxf-filters/pom.xml
+++ b/modules/cxf-filters/pom.xml
@@ -19,7 +19,7 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-parent</artifactId>
-        <version>3.3.0-update1-SNAPSHOT</version>
+        <version>3.4.0-alpha</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/distribution/pom.xml b/modules/distribution/pom.xml
index 9be6598e..831d6227 100644
--- a/modules/distribution/pom.xml
+++ b/modules/distribution/pom.xml
@@ -22,7 +22,7 @@
 	<parent>
 		<groupId>org.wso2.iot</groupId>
 		<artifactId>wso2iot-parent</artifactId>
-		<version>3.3.0-update1-SNAPSHOT</version>
+		<version>3.4.0-alpha</version>
 		<relativePath>../../pom.xml</relativePath>
 	</parent>
 
diff --git a/modules/features/org.wso2.iot.core.styles.feature/pom.xml b/modules/features/org.wso2.iot.core.styles.feature/pom.xml
index 48972207..9896d590 100644
--- a/modules/features/org.wso2.iot.core.styles.feature/pom.xml
+++ b/modules/features/org.wso2.iot.core.styles.feature/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-features</artifactId>
-        <version>3.3.0-update1-SNAPSHOT</version>
+        <version>3.4.0-alpha</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/features/pom.xml b/modules/features/pom.xml
index 18c62c17..df61b3ae 100644
--- a/modules/features/pom.xml
+++ b/modules/features/pom.xml
@@ -23,7 +23,7 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-parent</artifactId>
-        <version>3.3.0-update1-SNAPSHOT</version>
+        <version>3.4.0-alpha</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/integration/pom.xml b/modules/integration/pom.xml
index 9af68ea9..7dd0a878 100644
--- a/modules/integration/pom.xml
+++ b/modules/integration/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-parent</artifactId>
-        <version>3.3.0-update1-SNAPSHOT</version>
+        <version>3.4.0-alpha</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/p2-profile/analytics-profile/pom.xml b/modules/p2-profile/analytics-profile/pom.xml
index 38cec19a..d07588e2 100644
--- a/modules/p2-profile/analytics-profile/pom.xml
+++ b/modules/p2-profile/analytics-profile/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-p2-profile</artifactId>
-        <version>3.3.0-update1-SNAPSHOT</version>
+        <version>3.4.0-alpha</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/p2-profile/broker-profile/pom.xml b/modules/p2-profile/broker-profile/pom.xml
index e40b8b87..9eba3cdf 100644
--- a/modules/p2-profile/broker-profile/pom.xml
+++ b/modules/p2-profile/broker-profile/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-p2-profile</artifactId>
-        <version>3.3.0-update1-SNAPSHOT</version>
+        <version>3.4.0-alpha</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/p2-profile/iot-core-profile/pom.xml b/modules/p2-profile/iot-core-profile/pom.xml
index 1478f926..97281f3e 100644
--- a/modules/p2-profile/iot-core-profile/pom.xml
+++ b/modules/p2-profile/iot-core-profile/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-p2-profile</artifactId>
-        <version>3.3.0-update1-SNAPSHOT</version>
+        <version>3.4.0-alpha</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/p2-profile/pom.xml b/modules/p2-profile/pom.xml
index d41db6d7..e3a41bd1 100644
--- a/modules/p2-profile/pom.xml
+++ b/modules/p2-profile/pom.xml
@@ -23,7 +23,7 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-parent</artifactId>
-        <version>3.3.0-update1-SNAPSHOT</version>
+        <version>3.4.0-alpha</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/scripts/mobile-qsg/pom.xml b/modules/scripts/mobile-qsg/pom.xml
index df9e3885..faf991cc 100644
--- a/modules/scripts/mobile-qsg/pom.xml
+++ b/modules/scripts/mobile-qsg/pom.xml
@@ -21,13 +21,13 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-scripts</artifactId>
-        <version>3.3.0-update1-SNAPSHOT</version>
+        <version>3.4.0-alpha</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
     <artifactId>mobile-qsg</artifactId>
-    <version>3.3.0-update1-SNAPSHOT</version>
+    <version>3.4.0-alpha</version>
     <name>WSO2 IoT - QSG Script</name>
     <description>This includes the tools for IoTs Quick Start Guide</description>
     <packaging>jar</packaging>
diff --git a/modules/scripts/pom.xml b/modules/scripts/pom.xml
index 424ff938..405769bf 100644
--- a/modules/scripts/pom.xml
+++ b/modules/scripts/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-parent</artifactId>
-        <version>3.3.0-update1-SNAPSHOT</version>
+        <version>3.4.0-alpha</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/tools/cdmf-devicetype-archetype/pom.xml b/modules/tools/cdmf-devicetype-archetype/pom.xml
index 23bf276f..94325ead 100644
--- a/modules/tools/cdmf-devicetype-archetype/pom.xml
+++ b/modules/tools/cdmf-devicetype-archetype/pom.xml
@@ -20,13 +20,13 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-tools</artifactId>
-        <version>3.3.0-update1-SNAPSHOT</version>
+        <version>3.4.0-alpha</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
     <artifactId>iot-devicetype-archetype</artifactId>
-    <version>3.3.0-update1-SNAPSHOT</version>
+    <version>3.4.0-alpha</version>
     <name>WSO2 IoT - Device Type Archetype</name>
     <description>WSO2 IoT Device Type Archetype</description>
     <packaging>maven-archetype</packaging>
diff --git a/modules/tools/pom.xml b/modules/tools/pom.xml
index c51b3160..45ba5f6d 100644
--- a/modules/tools/pom.xml
+++ b/modules/tools/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-parent</artifactId>
-        <version>3.3.0-update1-SNAPSHOT</version>
+        <version>3.4.0-alpha</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/pom.xml b/pom.xml
index bbd2b44f..2940956c 100644
--- a/pom.xml
+++ b/pom.xml
@@ -23,7 +23,7 @@
     <groupId>org.wso2.iot</groupId>
     <artifactId>wso2iot-parent</artifactId>
     <packaging>pom</packaging>
-    <version>3.3.0-update1-SNAPSHOT</version>
+    <version>3.4.0-alpha</version>
     <name>WSO2 IoT - Parent</name>
     <url>http://wso2.org</url>
     <description>WSO2 IoT Server</description>
@@ -1687,7 +1687,7 @@
         <url>https://gitlab.com/entgra/product-iots.git</url>
         <developerConnection>scm:git:https://gitlab.com/entgra/product-iots.git</developerConnection>
         <connection>scm:git:https://gitlab.com/entgra/product-iots.git</connection>
-        <tag>HEAD</tag>
+        <tag>v3.4.0-alpha</tag>
     </scm>
 
     <build>