diff --git a/flink-annotations/pom.xml b/flink-annotations/pom.xml
index 2517050908054..19af246fc07c9 100644
--- a/flink-annotations/pom.xml
+++ b/flink-annotations/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-batch-connectors/flink-avro/pom.xml b/flink-batch-connectors/flink-avro/pom.xml
index fb9d364bb949f..1161173012a2e 100644
--- a/flink-batch-connectors/flink-avro/pom.xml
+++ b/flink-batch-connectors/flink-avro/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-batch-connectors</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-batch-connectors/flink-hadoop-compatibility/pom.xml b/flink-batch-connectors/flink-hadoop-compatibility/pom.xml
index 7c30f9f5a03dd..6e69cfbe2b865 100644
--- a/flink-batch-connectors/flink-hadoop-compatibility/pom.xml
+++ b/flink-batch-connectors/flink-hadoop-compatibility/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-batch-connectors</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-batch-connectors/flink-hbase/pom.xml b/flink-batch-connectors/flink-hbase/pom.xml
index cdf25db55f21f..10c20a081ff78 100644
--- a/flink-batch-connectors/flink-hbase/pom.xml
+++ b/flink-batch-connectors/flink-hbase/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-batch-connectors</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-batch-connectors/flink-hcatalog/pom.xml b/flink-batch-connectors/flink-hcatalog/pom.xml
index f23ad12ee8d18..2179a94427da2 100644
--- a/flink-batch-connectors/flink-hcatalog/pom.xml
+++ b/flink-batch-connectors/flink-hcatalog/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-batch-connectors</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-batch-connectors/flink-jdbc/pom.xml b/flink-batch-connectors/flink-jdbc/pom.xml
index cb169ea0afd92..40779baf7ec5d 100644
--- a/flink-batch-connectors/flink-jdbc/pom.xml
+++ b/flink-batch-connectors/flink-jdbc/pom.xml
@@ -26,7 +26,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-batch-connectors</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-batch-connectors/pom.xml b/flink-batch-connectors/pom.xml
index f1baea516c19f..d4f65b342caa7 100644
--- a/flink-batch-connectors/pom.xml
+++ b/flink-batch-connectors/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-clients/pom.xml b/flink-clients/pom.xml
index 6109f36e91280..5639ed6d53fb2 100644
--- a/flink-clients/pom.xml
+++ b/flink-clients/pom.xml
@@ -26,7 +26,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-contrib/flink-connector-wikiedits/pom.xml b/flink-contrib/flink-connector-wikiedits/pom.xml
index 7c953ebbd40a4..6535893078e8d 100644
--- a/flink-contrib/flink-connector-wikiedits/pom.xml
+++ b/flink-contrib/flink-connector-wikiedits/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-contrib</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-contrib/flink-operator-stats/pom.xml b/flink-contrib/flink-operator-stats/pom.xml
index 839f8f537e851..6fa6ecf6ea7ee 100644
--- a/flink-contrib/flink-operator-stats/pom.xml
+++ b/flink-contrib/flink-operator-stats/pom.xml
@@ -24,7 +24,7 @@ under the License.
     <parent>
         <groupId>org.apache.flink</groupId>
         <artifactId>flink-contrib</artifactId>
-        <version>1.1-SNAPSHOT</version>
+        <version>1.2-SNAPSHOT</version>
         <relativePath>..</relativePath>
     </parent>
 
diff --git a/flink-contrib/flink-statebackend-rocksdb/pom.xml b/flink-contrib/flink-statebackend-rocksdb/pom.xml
index 7d551cbda53f0..efd673c2fb025 100644
--- a/flink-contrib/flink-statebackend-rocksdb/pom.xml
+++ b/flink-contrib/flink-statebackend-rocksdb/pom.xml
@@ -27,7 +27,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-contrib</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-contrib/flink-storm-examples/pom.xml b/flink-contrib/flink-storm-examples/pom.xml
index a637fcd77a309..8e92f8389f8b5 100644
--- a/flink-contrib/flink-storm-examples/pom.xml
+++ b/flink-contrib/flink-storm-examples/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-contrib</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-contrib/flink-storm/pom.xml b/flink-contrib/flink-storm/pom.xml
index 980e38c794e44..0467fad822848 100644
--- a/flink-contrib/flink-storm/pom.xml
+++ b/flink-contrib/flink-storm/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-contrib</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-contrib/flink-streaming-contrib/pom.xml b/flink-contrib/flink-streaming-contrib/pom.xml
index 4e7e69b330977..57a22b9259952 100644
--- a/flink-contrib/flink-streaming-contrib/pom.xml
+++ b/flink-contrib/flink-streaming-contrib/pom.xml
@@ -27,7 +27,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-contrib</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-contrib/flink-tweet-inputformat/pom.xml b/flink-contrib/flink-tweet-inputformat/pom.xml
index df464a9bba724..edeab690cf2cf 100644
--- a/flink-contrib/flink-tweet-inputformat/pom.xml
+++ b/flink-contrib/flink-tweet-inputformat/pom.xml
@@ -27,7 +27,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-contrib</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-contrib/pom.xml b/flink-contrib/pom.xml
index 7e8f9da86f2a7..be344462d0866 100644
--- a/flink-contrib/pom.xml
+++ b/flink-contrib/pom.xml
@@ -27,7 +27,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-core/pom.xml b/flink-core/pom.xml
index 5496f8c4e93ac..3c9e61e7ee651 100644
--- a/flink-core/pom.xml
+++ b/flink-core/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-dist/pom.xml b/flink-dist/pom.xml
index 1a0e8d854982e..dfc4f5587ba51 100644
--- a/flink-dist/pom.xml
+++ b/flink-dist/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-examples/flink-examples-batch/pom.xml b/flink-examples/flink-examples-batch/pom.xml
index 08923ea6211f8..ba6f4d3c3a73d 100644
--- a/flink-examples/flink-examples-batch/pom.xml
+++ b/flink-examples/flink-examples-batch/pom.xml
@@ -24,7 +24,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-examples_2.10</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-examples/flink-examples-streaming/pom.xml b/flink-examples/flink-examples-streaming/pom.xml
index 78760b74fc893..c418ce7381c7c 100644
--- a/flink-examples/flink-examples-streaming/pom.xml
+++ b/flink-examples/flink-examples-streaming/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-examples_2.10</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-examples/pom.xml b/flink-examples/pom.xml
index 23fc4e962f66b..e47ad2ce4b61b 100644
--- a/flink-examples/pom.xml
+++ b/flink-examples/pom.xml
@@ -24,7 +24,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-fs-tests/pom.xml b/flink-fs-tests/pom.xml
index 11ab419d25ae2..4ccaaec55118a 100644
--- a/flink-fs-tests/pom.xml
+++ b/flink-fs-tests/pom.xml
@@ -23,7 +23,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-java/pom.xml b/flink-java/pom.xml
index 94021eb6fdd77..df320b4a67c48 100644
--- a/flink-java/pom.xml
+++ b/flink-java/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-java8/pom.xml b/flink-java8/pom.xml
index 00ace94029d85..4756d2b759530 100644
--- a/flink-java8/pom.xml
+++ b/flink-java8/pom.xml
@@ -26,7 +26,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-libraries/flink-cep-scala/pom.xml b/flink-libraries/flink-cep-scala/pom.xml
index 773987cf71bcc..2aef4ecb430f5 100644
--- a/flink-libraries/flink-cep-scala/pom.xml
+++ b/flink-libraries/flink-cep-scala/pom.xml
@@ -26,7 +26,7 @@ under the License.
     <parent>
         <groupId>org.apache.flink</groupId>
         <artifactId>flink-libraries</artifactId>
-        <version>1.1-SNAPSHOT</version>
+        <version>1.2-SNAPSHOT</version>
         <relativePath>..</relativePath>
     </parent>
     
diff --git a/flink-libraries/flink-cep/pom.xml b/flink-libraries/flink-cep/pom.xml
index 5640eb85d5fd2..e76c5a1cd0824 100644
--- a/flink-libraries/flink-cep/pom.xml
+++ b/flink-libraries/flink-cep/pom.xml
@@ -26,7 +26,7 @@ under the License.
     <parent>
         <groupId>org.apache.flink</groupId>
         <artifactId>flink-libraries</artifactId>
-        <version>1.1-SNAPSHOT</version>
+        <version>1.2-SNAPSHOT</version>
         <relativePath>..</relativePath>
     </parent>
 
diff --git a/flink-libraries/flink-gelly-examples/pom.xml b/flink-libraries/flink-gelly-examples/pom.xml
index 0565e5bac3b12..80da0ffdb0582 100644
--- a/flink-libraries/flink-gelly-examples/pom.xml
+++ b/flink-libraries/flink-gelly-examples/pom.xml
@@ -23,7 +23,7 @@
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-libraries</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-libraries/flink-gelly-scala/pom.xml b/flink-libraries/flink-gelly-scala/pom.xml
index 01843b9ab82be..08aeace97b4a2 100644
--- a/flink-libraries/flink-gelly-scala/pom.xml
+++ b/flink-libraries/flink-gelly-scala/pom.xml
@@ -23,7 +23,7 @@ under the License.
     <parent>
         <groupId>org.apache.flink</groupId>
         <artifactId>flink-libraries</artifactId>
-        <version>1.1-SNAPSHOT</version>
+        <version>1.2-SNAPSHOT</version>
         <relativePath>..</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
diff --git a/flink-libraries/flink-gelly/pom.xml b/flink-libraries/flink-gelly/pom.xml
index 14e63d29f4020..ff39298518d7e 100644
--- a/flink-libraries/flink-gelly/pom.xml
+++ b/flink-libraries/flink-gelly/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-libraries</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 	
diff --git a/flink-libraries/flink-ml/pom.xml b/flink-libraries/flink-ml/pom.xml
index ca286e8b5f7af..83a53b782374b 100644
--- a/flink-libraries/flink-ml/pom.xml
+++ b/flink-libraries/flink-ml/pom.xml
@@ -24,7 +24,7 @@
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-libraries</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-libraries/flink-python/pom.xml b/flink-libraries/flink-python/pom.xml
index faef933c7578e..188ab2b6aab47 100644
--- a/flink-libraries/flink-python/pom.xml
+++ b/flink-libraries/flink-python/pom.xml
@@ -23,7 +23,7 @@ under the License.
     <parent>
         <groupId>org.apache.flink</groupId>
         <artifactId>flink-libraries</artifactId>
-        <version>1.1-SNAPSHOT</version>
+        <version>1.2-SNAPSHOT</version>
         <relativePath>..</relativePath>
     </parent>
 
diff --git a/flink-libraries/flink-table/pom.xml b/flink-libraries/flink-table/pom.xml
index 18ca3e4eca8cf..e83a778ed3826 100644
--- a/flink-libraries/flink-table/pom.xml
+++ b/flink-libraries/flink-table/pom.xml
@@ -23,7 +23,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-libraries</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-libraries/pom.xml b/flink-libraries/pom.xml
index b39cbd5eea811..c0698c87dbe6c 100644
--- a/flink-libraries/pom.xml
+++ b/flink-libraries/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-metrics/flink-metrics-core/pom.xml b/flink-metrics/flink-metrics-core/pom.xml
index ab5eb562ecfd2..a61c6d33c852b 100644
--- a/flink-metrics/flink-metrics-core/pom.xml
+++ b/flink-metrics/flink-metrics-core/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-metrics</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-metrics/flink-metrics-dropwizard/pom.xml b/flink-metrics/flink-metrics-dropwizard/pom.xml
index e63af7d1de834..c200a7dba863c 100644
--- a/flink-metrics/flink-metrics-dropwizard/pom.xml
+++ b/flink-metrics/flink-metrics-dropwizard/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-metrics</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-metrics/flink-metrics-ganglia/pom.xml b/flink-metrics/flink-metrics-ganglia/pom.xml
index 1a948518f2b69..995af41aaa4b8 100644
--- a/flink-metrics/flink-metrics-ganglia/pom.xml
+++ b/flink-metrics/flink-metrics-ganglia/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-metrics</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-metrics/flink-metrics-graphite/pom.xml b/flink-metrics/flink-metrics-graphite/pom.xml
index b75fbaea352cb..0348bb2742077 100644
--- a/flink-metrics/flink-metrics-graphite/pom.xml
+++ b/flink-metrics/flink-metrics-graphite/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-metrics</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-metrics/flink-metrics-jmx/pom.xml b/flink-metrics/flink-metrics-jmx/pom.xml
index 45ffbf8e47afb..626f063f6a1d8 100644
--- a/flink-metrics/flink-metrics-jmx/pom.xml
+++ b/flink-metrics/flink-metrics-jmx/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-metrics</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-metrics/flink-metrics-statsd/pom.xml b/flink-metrics/flink-metrics-statsd/pom.xml
index 85d1dc47eb764..5f343ebf52ca0 100644
--- a/flink-metrics/flink-metrics-statsd/pom.xml
+++ b/flink-metrics/flink-metrics-statsd/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-metrics</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-metrics/pom.xml b/flink-metrics/pom.xml
index 7c9aaeed722fb..629c50db0ee63 100644
--- a/flink-metrics/pom.xml
+++ b/flink-metrics/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-optimizer/pom.xml b/flink-optimizer/pom.xml
index 493475a3b9e01..b88992f9898cc 100644
--- a/flink-optimizer/pom.xml
+++ b/flink-optimizer/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-quickstart/flink-quickstart-java/pom.xml b/flink-quickstart/flink-quickstart-java/pom.xml
index e42ad2df97a89..88629a03a954d 100644
--- a/flink-quickstart/flink-quickstart-java/pom.xml
+++ b/flink-quickstart/flink-quickstart-java/pom.xml
@@ -27,7 +27,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-quickstart</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-quickstart/flink-quickstart-java/src/main/resources/archetype-resources/pom.xml b/flink-quickstart/flink-quickstart-java/src/main/resources/archetype-resources/pom.xml
index 81d0ae81a76c2..983eeecb571c1 100644
--- a/flink-quickstart/flink-quickstart-java/src/main/resources/archetype-resources/pom.xml
+++ b/flink-quickstart/flink-quickstart-java/src/main/resources/archetype-resources/pom.xml
@@ -30,7 +30,7 @@ under the License.
 
 	<properties>
 		<project.build.sourceEncoding>UTF-8</project.build.sourceEncoding>
-		<flink.version>1.1-SNAPSHOT</flink.version>
+		<flink.version>1.2-SNAPSHOT</flink.version>
 	</properties>
 
 	<repositories>
diff --git a/flink-quickstart/flink-quickstart-scala/pom.xml b/flink-quickstart/flink-quickstart-scala/pom.xml
index 24f3cc110c9ef..7b0501a62d25f 100644
--- a/flink-quickstart/flink-quickstart-scala/pom.xml
+++ b/flink-quickstart/flink-quickstart-scala/pom.xml
@@ -27,7 +27,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-quickstart</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-quickstart/flink-quickstart-scala/src/main/resources/archetype-resources/pom.xml b/flink-quickstart/flink-quickstart-scala/src/main/resources/archetype-resources/pom.xml
index 1c4c67baf19a9..b659cf3cedfe5 100644
--- a/flink-quickstart/flink-quickstart-scala/src/main/resources/archetype-resources/pom.xml
+++ b/flink-quickstart/flink-quickstart-scala/src/main/resources/archetype-resources/pom.xml
@@ -45,7 +45,7 @@ under the License.
 
 	<properties>
 		<project.build.sourceEncoding>UTF-8</project.build.sourceEncoding>
-		<flink.version>1.1-SNAPSHOT</flink.version>
+		<flink.version>1.2-SNAPSHOT</flink.version>
 	</properties>
 
 	<!-- 
diff --git a/flink-quickstart/pom.xml b/flink-quickstart/pom.xml
index b03ff2a32f3dd..3589e2ba3b57b 100644
--- a/flink-quickstart/pom.xml
+++ b/flink-quickstart/pom.xml
@@ -23,7 +23,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-runtime-web/pom.xml b/flink-runtime-web/pom.xml
index e0dc3cbdca205..badb9ba471970 100644
--- a/flink-runtime-web/pom.xml
+++ b/flink-runtime-web/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-runtime/pom.xml b/flink-runtime/pom.xml
index a96a38852da6f..5fea8fb86b3c7 100644
--- a/flink-runtime/pom.xml
+++ b/flink-runtime/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-scala-shell/pom.xml b/flink-scala-shell/pom.xml
index 16875bc79b657..4e2349ef5b44f 100644
--- a/flink-scala-shell/pom.xml
+++ b/flink-scala-shell/pom.xml
@@ -23,7 +23,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-scala/pom.xml b/flink-scala/pom.xml
index 58ea7a22c6406..18b4e37db6f5a 100644
--- a/flink-scala/pom.xml
+++ b/flink-scala/pom.xml
@@ -24,7 +24,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-shaded-curator/flink-shaded-curator-recipes/pom.xml b/flink-shaded-curator/flink-shaded-curator-recipes/pom.xml
index 62d016d7743b6..b9309c97bbde3 100644
--- a/flink-shaded-curator/flink-shaded-curator-recipes/pom.xml
+++ b/flink-shaded-curator/flink-shaded-curator-recipes/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-shaded-curator</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-shaded-curator/flink-shaded-curator-test/pom.xml b/flink-shaded-curator/flink-shaded-curator-test/pom.xml
index e1f3c05b56e62..016f59125d426 100644
--- a/flink-shaded-curator/flink-shaded-curator-test/pom.xml
+++ b/flink-shaded-curator/flink-shaded-curator-test/pom.xml
@@ -24,7 +24,7 @@
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-shaded-curator</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-shaded-curator/pom.xml b/flink-shaded-curator/pom.xml
index 45c7a3e599978..6142873616ec2 100644
--- a/flink-shaded-curator/pom.xml
+++ b/flink-shaded-curator/pom.xml
@@ -24,7 +24,7 @@
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-shaded-hadoop/flink-shaded-hadoop1/pom.xml b/flink-shaded-hadoop/flink-shaded-hadoop1/pom.xml
index b549266f1a02c..f46d97355923a 100644
--- a/flink-shaded-hadoop/flink-shaded-hadoop1/pom.xml
+++ b/flink-shaded-hadoop/flink-shaded-hadoop1/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-shaded-hadoop</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-shaded-hadoop/flink-shaded-hadoop2/pom.xml b/flink-shaded-hadoop/flink-shaded-hadoop2/pom.xml
index 5cb81dac1130c..a1baba43c8eda 100644
--- a/flink-shaded-hadoop/flink-shaded-hadoop2/pom.xml
+++ b/flink-shaded-hadoop/flink-shaded-hadoop2/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-shaded-hadoop</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-shaded-hadoop/flink-shaded-include-yarn-tests/pom.xml b/flink-shaded-hadoop/flink-shaded-include-yarn-tests/pom.xml
index bd4d0f5606767..abfa9b67bf668 100644
--- a/flink-shaded-hadoop/flink-shaded-include-yarn-tests/pom.xml
+++ b/flink-shaded-hadoop/flink-shaded-include-yarn-tests/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-shaded-hadoop</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-shaded-hadoop/pom.xml b/flink-shaded-hadoop/pom.xml
index 21424fc45cb88..f8fa38eb823e8 100644
--- a/flink-shaded-hadoop/pom.xml
+++ b/flink-shaded-hadoop/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-streaming-connectors/flink-connector-cassandra/pom.xml b/flink-streaming-connectors/flink-connector-cassandra/pom.xml
index 8d659848ee6d0..3a1731c7e8186 100644
--- a/flink-streaming-connectors/flink-connector-cassandra/pom.xml
+++ b/flink-streaming-connectors/flink-connector-cassandra/pom.xml
@@ -26,7 +26,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-streaming-connectors</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-streaming-connectors/flink-connector-elasticsearch/pom.xml b/flink-streaming-connectors/flink-connector-elasticsearch/pom.xml
index dd528be941962..c5ba3d82635d8 100644
--- a/flink-streaming-connectors/flink-connector-elasticsearch/pom.xml
+++ b/flink-streaming-connectors/flink-connector-elasticsearch/pom.xml
@@ -26,7 +26,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-streaming-connectors</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-streaming-connectors/flink-connector-elasticsearch2/pom.xml b/flink-streaming-connectors/flink-connector-elasticsearch2/pom.xml
index 4089cf6d0a0a8..cb8ad6269419e 100644
--- a/flink-streaming-connectors/flink-connector-elasticsearch2/pom.xml
+++ b/flink-streaming-connectors/flink-connector-elasticsearch2/pom.xml
@@ -26,7 +26,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-streaming-connectors</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-streaming-connectors/flink-connector-filesystem/pom.xml b/flink-streaming-connectors/flink-connector-filesystem/pom.xml
index c5e903fd5a687..63bf4af563214 100644
--- a/flink-streaming-connectors/flink-connector-filesystem/pom.xml
+++ b/flink-streaming-connectors/flink-connector-filesystem/pom.xml
@@ -26,7 +26,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-streaming-connectors</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-streaming-connectors/flink-connector-flume/pom.xml b/flink-streaming-connectors/flink-connector-flume/pom.xml
index 5df5e2b293b24..1b1b810cd813b 100644
--- a/flink-streaming-connectors/flink-connector-flume/pom.xml
+++ b/flink-streaming-connectors/flink-connector-flume/pom.xml
@@ -26,7 +26,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-streaming-connectors</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-streaming-connectors/flink-connector-kafka-0.8/pom.xml b/flink-streaming-connectors/flink-connector-kafka-0.8/pom.xml
index af60f3d7e3260..888208e90bc7e 100644
--- a/flink-streaming-connectors/flink-connector-kafka-0.8/pom.xml
+++ b/flink-streaming-connectors/flink-connector-kafka-0.8/pom.xml
@@ -26,7 +26,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-streaming-connectors</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-streaming-connectors/flink-connector-kafka-0.9/pom.xml b/flink-streaming-connectors/flink-connector-kafka-0.9/pom.xml
index c355638faefd2..3b31de6c14c27 100644
--- a/flink-streaming-connectors/flink-connector-kafka-0.9/pom.xml
+++ b/flink-streaming-connectors/flink-connector-kafka-0.9/pom.xml
@@ -26,7 +26,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-streaming-connectors</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-streaming-connectors/flink-connector-kafka-base/pom.xml b/flink-streaming-connectors/flink-connector-kafka-base/pom.xml
index a36d222e1b0f7..49d630f03e87c 100644
--- a/flink-streaming-connectors/flink-connector-kafka-base/pom.xml
+++ b/flink-streaming-connectors/flink-connector-kafka-base/pom.xml
@@ -26,7 +26,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-streaming-connectors</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-streaming-connectors/flink-connector-kinesis/pom.xml b/flink-streaming-connectors/flink-connector-kinesis/pom.xml
index 60cbe2e218ee8..5a2d3bfa0d795 100644
--- a/flink-streaming-connectors/flink-connector-kinesis/pom.xml
+++ b/flink-streaming-connectors/flink-connector-kinesis/pom.xml
@@ -26,7 +26,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-streaming-connectors</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-streaming-connectors/flink-connector-nifi/pom.xml b/flink-streaming-connectors/flink-connector-nifi/pom.xml
index a18d7b927fde5..899eab6b13ed0 100644
--- a/flink-streaming-connectors/flink-connector-nifi/pom.xml
+++ b/flink-streaming-connectors/flink-connector-nifi/pom.xml
@@ -26,7 +26,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-streaming-connectors</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-streaming-connectors/flink-connector-rabbitmq/pom.xml b/flink-streaming-connectors/flink-connector-rabbitmq/pom.xml
index 4413c697e353d..98893a0274a3e 100644
--- a/flink-streaming-connectors/flink-connector-rabbitmq/pom.xml
+++ b/flink-streaming-connectors/flink-connector-rabbitmq/pom.xml
@@ -26,7 +26,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-streaming-connectors</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-streaming-connectors/flink-connector-redis/pom.xml b/flink-streaming-connectors/flink-connector-redis/pom.xml
index 6c8f609dcdb43..81d10e6d6760f 100644
--- a/flink-streaming-connectors/flink-connector-redis/pom.xml
+++ b/flink-streaming-connectors/flink-connector-redis/pom.xml
@@ -26,7 +26,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-streaming-connectors</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-streaming-connectors/flink-connector-twitter/pom.xml b/flink-streaming-connectors/flink-connector-twitter/pom.xml
index 7e850e39e9820..bb1ddf5512aab 100644
--- a/flink-streaming-connectors/flink-connector-twitter/pom.xml
+++ b/flink-streaming-connectors/flink-connector-twitter/pom.xml
@@ -26,7 +26,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-streaming-connectors</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-streaming-connectors/pom.xml b/flink-streaming-connectors/pom.xml
index 91213f2f1ce5a..113109bcf1f9a 100644
--- a/flink-streaming-connectors/pom.xml
+++ b/flink-streaming-connectors/pom.xml
@@ -26,7 +26,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-streaming-java/pom.xml b/flink-streaming-java/pom.xml
index b309d97977f4f..45fb0cf86e19c 100644
--- a/flink-streaming-java/pom.xml
+++ b/flink-streaming-java/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-streaming-scala/pom.xml b/flink-streaming-scala/pom.xml
index ce56167311137..d86bb60473314 100644
--- a/flink-streaming-scala/pom.xml
+++ b/flink-streaming-scala/pom.xml
@@ -24,7 +24,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-test-utils-parent/flink-test-utils-junit/pom.xml b/flink-test-utils-parent/flink-test-utils-junit/pom.xml
index 78e33ab6659ae..ad9d57be11b4b 100644
--- a/flink-test-utils-parent/flink-test-utils-junit/pom.xml
+++ b/flink-test-utils-parent/flink-test-utils-junit/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-test-utils-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-test-utils-parent/flink-test-utils/pom.xml b/flink-test-utils-parent/flink-test-utils/pom.xml
index 238c2da4194f5..2ab52b57e4065 100644
--- a/flink-test-utils-parent/flink-test-utils/pom.xml
+++ b/flink-test-utils-parent/flink-test-utils/pom.xml
@@ -25,7 +25,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-test-utils-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-test-utils-parent/pom.xml b/flink-test-utils-parent/pom.xml
index 03747e8b40fcf..792c6fbe2a833 100644
--- a/flink-test-utils-parent/pom.xml
+++ b/flink-test-utils-parent/pom.xml
@@ -26,7 +26,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-tests/pom.xml b/flink-tests/pom.xml
index 52c3fd2e2aa96..9974c0d739159 100644
--- a/flink-tests/pom.xml
+++ b/flink-tests/pom.xml
@@ -26,7 +26,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-yarn-tests/pom.xml b/flink-yarn-tests/pom.xml
index 94f934833a4ec..8c211ef281a49 100644
--- a/flink-yarn-tests/pom.xml
+++ b/flink-yarn-tests/pom.xml
@@ -23,7 +23,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 
diff --git a/flink-yarn/pom.xml b/flink-yarn/pom.xml
index b770c635c50d8..9ce57d533580a 100644
--- a/flink-yarn/pom.xml
+++ b/flink-yarn/pom.xml
@@ -23,7 +23,7 @@ under the License.
 	<parent>
 		<groupId>org.apache.flink</groupId>
 		<artifactId>flink-parent</artifactId>
-		<version>1.1-SNAPSHOT</version>
+		<version>1.2-SNAPSHOT</version>
 		<relativePath>..</relativePath>
 	</parent>
 	
diff --git a/pom.xml b/pom.xml
index 4594a9d1ca32b..6e41f47e93540 100644
--- a/pom.xml
+++ b/pom.xml
@@ -28,7 +28,7 @@ under the License.
 
 	<groupId>org.apache.flink</groupId>
 	<artifactId>flink-parent</artifactId>
-	<version>1.1-SNAPSHOT</version>
+	<version>1.2-SNAPSHOT</version>
 
 	<name>flink</name>
 	<packaging>pom</packaging>
@@ -115,7 +115,7 @@ under the License.
 		<dependency>
 			<groupId>org.apache.flink</groupId>
 			<artifactId>force-shading</artifactId>
-			<version>1.1-SNAPSHOT</version>
+			<version>1.2-SNAPSHOT</version>
 		</dependency>
 
 		<!-- Add the 'javax.annotation' annotations (JSR305), such as '@Nullable' -->
diff --git a/tools/change-version.sh b/tools/change-version.sh
index a82225a3d5981..3ce2cf974f0ed 100755
--- a/tools/change-version.sh
+++ b/tools/change-version.sh
@@ -17,8 +17,8 @@
 # limitations under the License.
 ################################################################################
 
-OLD="1.0-SNAPSHOT"
-NEW="1.1-SNAPSHOT"
+OLD="1.1-SNAPSHOT"
+NEW="1.2-SNAPSHOT"
 
 
 HERE=` basename "$PWD"`
diff --git a/tools/force-shading/pom.xml b/tools/force-shading/pom.xml
index b72b6bd9df0e9..5fd84996d487b 100644
--- a/tools/force-shading/pom.xml
+++ b/tools/force-shading/pom.xml
@@ -38,7 +38,7 @@ under the License.
 
 	<groupId>org.apache.flink</groupId>
 	<artifactId>force-shading</artifactId>
-	<version>1.1-SNAPSHOT</version>
+	<version>1.2-SNAPSHOT</version>
 
 	<packaging>jar</packaging>