Prep for 0.7.1 release.
diff --git a/README.md b/README.md
index bc26d1b..20e7e82 100644
--- a/README.md
+++ b/README.md
@@ -91,11 +91,11 @@
     <dependency>
         <groupId>org.apache.nlpcraft</groupId>
         <artifactId>nlpcraft</artifactId>
-        <version>0.7.0</version>
+        <version>0.7.1</version>
     </dependency>
 </dependencies>
 ```
-NOTE: **0.7.0** should be the latest NLPCraft version.
+NOTE: **0.7.1** should be the latest NLPCraft version.
 
 ### Define Data Model
 Declare the static part of the data model using YAML which we will later load in our model implementation. You can declare entire
diff --git a/nlpcraft-stanford/pom.xml b/nlpcraft-stanford/pom.xml
index d0af7c2..860a4c5 100644
--- a/nlpcraft-stanford/pom.xml
+++ b/nlpcraft-stanford/pom.xml
@@ -27,7 +27,7 @@
     <parent>
         <groupId>org.apache.nlpcraft</groupId>
         <artifactId>nlpcraft-parent</artifactId>
-        <version>0.7.0</version>
+        <version>0.7.1</version>
         <relativePath>../</relativePath>
     </parent>
 
diff --git a/nlpcraft/pom.xml b/nlpcraft/pom.xml
index a4b8cda..679869e 100644
--- a/nlpcraft/pom.xml
+++ b/nlpcraft/pom.xml
@@ -32,7 +32,7 @@
     <parent>
         <groupId>org.apache.nlpcraft</groupId>
         <artifactId>nlpcraft-parent</artifactId>
-        <version>0.7.0</version>
+        <version>0.7.1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/nlpcraft/src/main/scala/org/apache/nlpcraft/common/version/NCVersion.scala b/nlpcraft/src/main/scala/org/apache/nlpcraft/common/version/NCVersion.scala
index 00fab4a..49cc4a5 100644
--- a/nlpcraft/src/main/scala/org/apache/nlpcraft/common/version/NCVersion.scala
+++ b/nlpcraft/src/main/scala/org/apache/nlpcraft/common/version/NCVersion.scala
@@ -50,7 +50,8 @@
         Version("0.5.0", LocalDate.of(2020, 4, 16)),
         Version("0.6.0", LocalDate.of(2020, 5, 25)),
         Version("0.6.2", LocalDate.of(2020, 7, 9)),
-        Version("0.7.0", LocalDate.of(2020, 9, 29))
+        Version("0.7.0", LocalDate.of(2020, 9, 29)),
+        Version("0.7.1", LocalDate.of(2020, 10, 29))
     ).sortBy(_.version)
     // +=================================================+
     // | UPDATE THIS SEQUENCE FOR EACH RELEASE MANUALLY. |
diff --git a/pom.xml b/pom.xml
index 7a745ca..8b15877 100644
--- a/pom.xml
+++ b/pom.xml
@@ -24,7 +24,7 @@
     <name>NLPCraft Parent</name>
     <groupId>org.apache.nlpcraft</groupId>
     <artifactId>nlpcraft-parent</artifactId>
-    <version>0.7.0</version>
+    <version>0.7.1</version>
     <packaging>pom</packaging>
 
     <url>https://nlpcraft.apache.org</url>
@@ -67,7 +67,7 @@
         <connection>scm:git:ssh://git@github.com/apache/incubator-nlpcraft.git</connection>
         <developerConnection>scm:git:ssh://git@github.com/apache/incubator-nlpcraft.git</developerConnection>
         <!-- Set actual tag name here -->
-        <tag>v0.7.0</tag>
+        <tag>v0.7.1</tag>
     </scm>
 
     <properties>