diff --git a/README.md b/README.md
index 02e19813e4..efac7dc47f 100644
--- a/README.md
+++ b/README.md
@@ -88,7 +88,7 @@ You can include this library from Sonatype OSS for SNAPSHOTS, or Maven central f
 <dependency>
   <groupId>io.swagger</groupId>
   <artifactId>swagger-parser</artifactId>
-  <version>1.0.15</version>
+  <version>1.0.16</version>
 </dependency>
 
 ```
@@ -98,7 +98,7 @@ To add swagger parsing support for older versions of swagger, add the `compat` m
 <dependency>
   <groupId>io.swagger</groupId>
   <artifactId>swagger-compat-spec-parser</artifactId>
-  <version>1.0.15</version>
+  <version>1.0.16</version>
 </dependency>
 
 ```
diff --git a/modules/swagger-compat-spec-parser/pom.xml b/modules/swagger-compat-spec-parser/pom.xml
index d82bcacea0..e5d02fc008 100644
--- a/modules/swagger-compat-spec-parser/pom.xml
+++ b/modules/swagger-compat-spec-parser/pom.xml
@@ -4,13 +4,13 @@
     <parent>
         <groupId>io.swagger</groupId>
         <artifactId>swagger-parser-project</artifactId>
-        <version>1.0.16-SNAPSHOT</version>
+        <version>1.0.16</version>
         <relativePath>../..</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
     <groupId>io.swagger</groupId>
     <artifactId>swagger-compat-spec-parser</artifactId>
-    <version>1.0.16-SNAPSHOT</version>
+    <version>1.0.16</version>
     <packaging>jar</packaging>
     <name>swagger-compat-spec-parser</name>
     <dependencies>
diff --git a/modules/swagger-parser/pom.xml b/modules/swagger-parser/pom.xml
index 0711bea3f0..1640b3d5ad 100644
--- a/modules/swagger-parser/pom.xml
+++ b/modules/swagger-parser/pom.xml
@@ -4,13 +4,13 @@
     <parent>
         <groupId>io.swagger</groupId>
         <artifactId>swagger-parser-project</artifactId>
-        <version>1.0.16-SNAPSHOT</version>
+        <version>1.0.16</version>
         <relativePath>../..</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
     <groupId>io.swagger</groupId>
     <artifactId>swagger-parser</artifactId>
-    <version>1.0.16-SNAPSHOT</version>
+    <version>1.0.16</version>
     <packaging>jar</packaging>
     <name>swagger-parser</name>
     <profiles>
diff --git a/pom.xml b/pom.xml
index f2ff234be4..2a3e074dd6 100644
--- a/pom.xml
+++ b/pom.xml
@@ -9,7 +9,7 @@
     <modelVersion>4.0.0</modelVersion>
     <groupId>io.swagger</groupId>
     <artifactId>swagger-parser-project</artifactId>
-    <version>1.0.16-SNAPSHOT</version>
+    <version>1.0.16</version>
     <packaging>pom</packaging>
     <name>swagger-parser-project</name>
     <developers>