diff --git a/devicemodel/Makefile b/devicemodel/Makefile
index f017649f9..696867c99 100644
--- a/devicemodel/Makefile
+++ b/devicemodel/Makefile
@@ -3,7 +3,7 @@
 #
 MAJOR_VERSION=0
 MINOR_VERSION=1
-RC_VERSION=1
+RC_VERSION=2
 BASEDIR := $(shell pwd)
 DM_OBJDIR ?= $(CURDIR)/build
 
diff --git a/hypervisor/Makefile b/hypervisor/Makefile
index 368e18d1a..f0d511748 100644
--- a/hypervisor/Makefile
+++ b/hypervisor/Makefile
@@ -4,7 +4,7 @@
 
 MAJOR_VERSION=0
 MINOR_VERSION=1
-RC_VERSION=1
+RC_VERSION=2
 
 API_MAJOR_VERSION=1
 API_MINOR_VERSION=0