diff --git a/readme.md b/readme.md
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+++ b/readme.md
@@ -1,12 +1,14 @@
-Rabu Schedule 0.5+dev
+Rabu Schedule 0.5 (cancelled)
 =================
 
+*Rabu Schedule is no longer under development as of February 2012.*
+
 Rabu Schedule helps Agile software teams improve their relationships with executives and customers. It creates interactive web pages for collaborating on schedule trade-offs. For more information, see the [Team Rabu website](http://www.teamrabu.com).
 
 
 Downloading Rabu Schedule
 -------------------------
-The latest release of Rabu [may be downloaded here](http://www.teamrabu.com/rabu.zip). Unzip the release file into a directory of your choice.
+The latest release of Rabu may be found in the `released` directory. Unzip the release file into a directory of your choice.
 
 
 Running Rabu Schedule