diff --git a/pom.xml b/pom.xml
index 0d3475a7e0..71d7d8f5fe 100644
--- a/pom.xml
+++ b/pom.xml
@@ -588,7 +588,7 @@
         <carbon.governance.version>4.5.8</carbon.governance.version>
 
         <!-- Device Management -->
-        <carbon.device.mgt.version>1.0.1-SNAPSHOT</carbon.device.mgt.version>
+        <carbon.device.mgt.version>1.0.1</carbon.device.mgt.version>
         <carbon.device.mgt.version.range>[0.8.0, 2.0.0)</carbon.device.mgt.version.range>
 
         <!-- Mobile Device Management -->