diff --git a/README.md b/README.md
index e2506de35..1df6888d6 100644
--- a/README.md
+++ b/README.md
@@ -1,5 +1,5 @@
 # Digi Embedded Yocto (DEY) 2.2
-## Release 2.2-r2
+## Release 2.2-r3
 
 This document provides information about Digi Embedded Yocto,
 Digi International's professional embedded Yocto development environment.
@@ -62,6 +62,10 @@ Documentation is available online on the Digi documentation site:
 
 # Release Changelog
 
+## 2.2-r3
+
+* TBC
+
 ## 2.2-r2
 
 * Digi Embedded Yocto
diff --git a/meta-digi-dey/conf/distro/dey.conf b/meta-digi-dey/conf/distro/dey.conf
index 2c5c10fe4..1a08724eb 100644
--- a/meta-digi-dey/conf/distro/dey.conf
+++ b/meta-digi-dey/conf/distro/dey.conf
@@ -1,6 +1,6 @@
 DISTRO = "dey"
 DISTRO_NAME = "Digi Embedded Yocto"
-DISTRO_VERSION = "2.2-r2"
+DISTRO_VERSION = "2.2-r3"
 DISTRO_CODENAME = "morty"
 SDK_VENDOR = "-deysdk"
 SDK_VERSION := "${@'${DISTRO_VERSION}'}"