diff --git a/CHANGELOG.md b/CHANGELOG.md
index c86e277..ca95e06 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,12 +4,14 @@ It is organized by version and release date followed by a list of Enhancements,
 <br /><br />
 
 
-## Version 1.0.1-dev1 (Under Development)
-**Released:** TBD<br />
-**Tag:** v1.0.1
+## Version 1.1.0 (Latest)
+**Released:** November 8, 2023<br />
+**Tag:** v1.1.0
 
 ### Enhancements
 
+- In this incremental version update, we've optimized the distance algorithm calculations to improve their processing speed. Users should experience improved performance without encountering any disruptive alterations.
+
 - Added the following unit tests to improve code coverage and validation for the functions in the werpy module. The new tests cover additional use cases with longer input sequences and help ensure the wer calculation works properly in different scenarios.
   - Added new unit tests for the wer module.
   - Added new unit tests for the wers module. 
@@ -19,7 +21,7 @@ It is organized by version and release date followed by a list of Enhancements,
 
 <br /><br />
 
-## Version 1.0.0 (Latest)
+## Version 1.0.0
 **Released:** November 2, 2023<br />
 **Tag:** v1.0.0