diff --git a/frameworks/projects/advancedgrids/src/mx/core/Version.as b/frameworks/projects/advancedgrids/src/mx/core/Version.as
index f2edc26..3077bda 100644
--- a/frameworks/projects/advancedgrids/src/mx/core/Version.as
+++ b/frameworks/projects/advancedgrids/src/mx/core/Version.as
@@ -23,4 +23,4 @@
  *  @private
  *  Version string for this class.
  */
-mx_internal static const VERSION:String = "4.15.0.0";
+mx_internal static const VERSION:String = "4.16.0.0";
diff --git a/frameworks/projects/airframework/src/mx/core/Version.as b/frameworks/projects/airframework/src/mx/core/Version.as
index f2edc26..3077bda 100644
--- a/frameworks/projects/airframework/src/mx/core/Version.as
+++ b/frameworks/projects/airframework/src/mx/core/Version.as
@@ -23,4 +23,4 @@
  *  @private
  *  Version string for this class.
  */
-mx_internal static const VERSION:String = "4.15.0.0";
+mx_internal static const VERSION:String = "4.16.0.0";
diff --git a/frameworks/projects/airspark/src/spark/core/Version.as b/frameworks/projects/airspark/src/spark/core/Version.as
index f2edc26..3077bda 100644
--- a/frameworks/projects/airspark/src/spark/core/Version.as
+++ b/frameworks/projects/airspark/src/spark/core/Version.as
@@ -23,4 +23,4 @@
  *  @private
  *  Version string for this class.
  */
-mx_internal static const VERSION:String = "4.15.0.0";
+mx_internal static const VERSION:String = "4.16.0.0";
diff --git a/frameworks/projects/apache/src/core/Version.as b/frameworks/projects/apache/src/core/Version.as
index f2edc26..3077bda 100644
--- a/frameworks/projects/apache/src/core/Version.as
+++ b/frameworks/projects/apache/src/core/Version.as
@@ -23,4 +23,4 @@
  *  @private
  *  Version string for this class.
  */
-mx_internal static const VERSION:String = "4.15.0.0";
+mx_internal static const VERSION:String = "4.16.0.0";
diff --git a/frameworks/projects/automation/src/mx/core/Version.as b/frameworks/projects/automation/src/mx/core/Version.as
index f2edc26..3077bda 100644
--- a/frameworks/projects/automation/src/mx/core/Version.as
+++ b/frameworks/projects/automation/src/mx/core/Version.as
@@ -23,4 +23,4 @@
  *  @private
  *  Version string for this class.
  */
-mx_internal static const VERSION:String = "4.15.0.0";
+mx_internal static const VERSION:String = "4.16.0.0";
diff --git a/frameworks/projects/automation_agent/src/mx/core/Version.as b/frameworks/projects/automation_agent/src/mx/core/Version.as
index f2edc26..3077bda 100644
--- a/frameworks/projects/automation_agent/src/mx/core/Version.as
+++ b/frameworks/projects/automation_agent/src/mx/core/Version.as
@@ -23,4 +23,4 @@
  *  @private
  *  Version string for this class.
  */
-mx_internal static const VERSION:String = "4.15.0.0";
+mx_internal static const VERSION:String = "4.16.0.0";
diff --git a/frameworks/projects/automation_air/src/mx/core/Version.as b/frameworks/projects/automation_air/src/mx/core/Version.as
index f2edc26..3077bda 100644
--- a/frameworks/projects/automation_air/src/mx/core/Version.as
+++ b/frameworks/projects/automation_air/src/mx/core/Version.as
@@ -23,4 +23,4 @@
  *  @private
  *  Version string for this class.
  */
-mx_internal static const VERSION:String = "4.15.0.0";
+mx_internal static const VERSION:String = "4.16.0.0";
diff --git a/frameworks/projects/automation_dmv/src/mx/core/Version.as b/frameworks/projects/automation_dmv/src/mx/core/Version.as
index f2edc26..3077bda 100644
--- a/frameworks/projects/automation_dmv/src/mx/core/Version.as
+++ b/frameworks/projects/automation_dmv/src/mx/core/Version.as
@@ -23,4 +23,4 @@
  *  @private
  *  Version string for this class.
  */
-mx_internal static const VERSION:String = "4.15.0.0";
+mx_internal static const VERSION:String = "4.16.0.0";
diff --git a/frameworks/projects/automation_flashflexkit/src/mx/core/Version.as b/frameworks/projects/automation_flashflexkit/src/mx/core/Version.as
index 4f4cefa..0b10511 100644
--- a/frameworks/projects/automation_flashflexkit/src/mx/core/Version.as
+++ b/frameworks/projects/automation_flashflexkit/src/mx/core/Version.as
@@ -24,4 +24,4 @@
  *  @private
  *  Version string for this class.
  */
-mx_internal static const VERSION:String = "4.15.0.0";
+mx_internal static const VERSION:String = "4.16.0.0";
diff --git a/frameworks/projects/automation_spark/src/mx/core/Version.as b/frameworks/projects/automation_spark/src/mx/core/Version.as
index f2edc26..3077bda 100644
--- a/frameworks/projects/automation_spark/src/mx/core/Version.as
+++ b/frameworks/projects/automation_spark/src/mx/core/Version.as
@@ -23,4 +23,4 @@
  *  @private
  *  Version string for this class.
  */
-mx_internal static const VERSION:String = "4.15.0.0";
+mx_internal static const VERSION:String = "4.16.0.0";
diff --git a/frameworks/projects/automation_spark/src/spark/core/Version.as b/frameworks/projects/automation_spark/src/spark/core/Version.as
index f2edc26..3077bda 100644
--- a/frameworks/projects/automation_spark/src/spark/core/Version.as
+++ b/frameworks/projects/automation_spark/src/spark/core/Version.as
@@ -23,4 +23,4 @@
  *  @private
  *  Version string for this class.
  */
-mx_internal static const VERSION:String = "4.15.0.0";
+mx_internal static const VERSION:String = "4.16.0.0";
diff --git a/frameworks/projects/charts/src/mx/core/Version.as b/frameworks/projects/charts/src/mx/core/Version.as
index f2edc26..3077bda 100644
--- a/frameworks/projects/charts/src/mx/core/Version.as
+++ b/frameworks/projects/charts/src/mx/core/Version.as
@@ -23,4 +23,4 @@
  *  @private
  *  Version string for this class.
  */
-mx_internal static const VERSION:String = "4.15.0.0";
+mx_internal static const VERSION:String = "4.16.0.0";
diff --git a/frameworks/projects/framework/src/mx/core/Version.as b/frameworks/projects/framework/src/mx/core/Version.as
index f2edc26..3077bda 100644
--- a/frameworks/projects/framework/src/mx/core/Version.as
+++ b/frameworks/projects/framework/src/mx/core/Version.as
@@ -23,4 +23,4 @@
  *  @private
  *  Version string for this class.
  */
-mx_internal static const VERSION:String = "4.15.0.0";
+mx_internal static const VERSION:String = "4.16.0.0";
diff --git a/frameworks/projects/mx/src/mx/core/Version.as b/frameworks/projects/mx/src/mx/core/Version.as
index f2edc26..3077bda 100644
--- a/frameworks/projects/mx/src/mx/core/Version.as
+++ b/frameworks/projects/mx/src/mx/core/Version.as
@@ -23,4 +23,4 @@
  *  @private
  *  Version string for this class.
  */
-mx_internal static const VERSION:String = "4.15.0.0";
+mx_internal static const VERSION:String = "4.16.0.0";
diff --git a/frameworks/projects/rpc/src/mx/core/Version.as b/frameworks/projects/rpc/src/mx/core/Version.as
index 731653d..463469f 100644
--- a/frameworks/projects/rpc/src/mx/core/Version.as
+++ b/frameworks/projects/rpc/src/mx/core/Version.as
@@ -22,4 +22,4 @@
  *  @private
  *  Version string for this class.
  */
-mx_internal static const VERSION:String = "4.15.0.0";
+mx_internal static const VERSION:String = "4.16.0.0";
diff --git a/frameworks/projects/spark/src/spark/core/Version.as b/frameworks/projects/spark/src/spark/core/Version.as
index f2edc26..3077bda 100644
--- a/frameworks/projects/spark/src/spark/core/Version.as
+++ b/frameworks/projects/spark/src/spark/core/Version.as
@@ -23,4 +23,4 @@
  *  @private
  *  Version string for this class.
  */
-mx_internal static const VERSION:String = "4.15.0.0";
+mx_internal static const VERSION:String = "4.16.0.0";
diff --git a/frameworks/projects/spark_dmv/src/spark/core/Version.as b/frameworks/projects/spark_dmv/src/spark/core/Version.as
index f2edc26..3077bda 100644
--- a/frameworks/projects/spark_dmv/src/spark/core/Version.as
+++ b/frameworks/projects/spark_dmv/src/spark/core/Version.as
@@ -23,4 +23,4 @@
  *  @private
  *  Version string for this class.
  */
-mx_internal static const VERSION:String = "4.15.0.0";
+mx_internal static const VERSION:String = "4.16.0.0";
diff --git a/frameworks/projects/tool/src/mx/core/Version.as b/frameworks/projects/tool/src/mx/core/Version.as
index f2edc26..3077bda 100644
--- a/frameworks/projects/tool/src/mx/core/Version.as
+++ b/frameworks/projects/tool/src/mx/core/Version.as
@@ -23,4 +23,4 @@
  *  @private
  *  Version string for this class.
  */
-mx_internal static const VERSION:String = "4.15.0.0";
+mx_internal static const VERSION:String = "4.16.0.0";
diff --git a/frameworks/projects/tool_air/src/mx/core/Version.as b/frameworks/projects/tool_air/src/mx/core/Version.as
index f2edc26..3077bda 100644
--- a/frameworks/projects/tool_air/src/mx/core/Version.as
+++ b/frameworks/projects/tool_air/src/mx/core/Version.as
@@ -23,4 +23,4 @@
  *  @private
  *  Version string for this class.
  */
-mx_internal static const VERSION:String = "4.15.0.0";
+mx_internal static const VERSION:String = "4.16.0.0";
diff --git a/modules/compiler/src/java/flex2/tools/VersionInfo.java b/modules/compiler/src/java/flex2/tools/VersionInfo.java
index c90f66d..6e740cc 100644
--- a/modules/compiler/src/java/flex2/tools/VersionInfo.java
+++ b/modules/compiler/src/java/flex2/tools/VersionInfo.java
@@ -32,7 +32,7 @@
 public class VersionInfo
 {
     public static String FLEX_MAJOR_VERSION = "4";
-    public static String FLEX_MINOR_VERSION = "15";
+    public static String FLEX_MINOR_VERSION = "16";
     public static String FLEX_NANO_VERSION  = "0";
     
 	/**