diff --git a/COMPATIBILITY.md b/COMPATIBILITY.md
index c5ebbd4fb..9ec9b2885 100644
--- a/COMPATIBILITY.md
+++ b/COMPATIBILITY.md
@@ -4,7 +4,7 @@ in-between the listed versions_
| catapult-rest | catapult-server | Notes |
|---------------|-----------------|--------------------------------------------------------------------|
-| v1.1.0.0 | v9.6.1 | Address resized (25 -> 24 bytes)
Updated REST version numbering |
+| v1.1.0 | v9.6.1 | Address resized (25 -> 24 bytes)
Updated REST version numbering |
| v1.0.20.50 | v9.5.1 | VRF support |
| v1.0.20.31 | v9.4.1 | TLS support |
| v1.0.20.24 | v9.3.1 | - |
diff --git a/README.md b/README.md
index 760adefe4..9fb4d1717 100644
--- a/README.md
+++ b/README.md
@@ -16,11 +16,10 @@ Catapult REST gateway combines HTTP and WebSockets to perform read and write act
Make sure you choose a [version compatible](COMPATIBILITY.md) with the [catapult-server][catapult-server] node you want to use it with.
-Version number is described as follows:
+Starting on `v1.1.0`, version numbers are described as follows:
-`v1.X.Y.Z`
+`vX.Y.Z`
-- The first numer is symbolic for pre-release and should not be taken into consideration.
- X: This serves to lock for compatibility with `catapult-server`, thus it is safe to update by keeping this number without REST
losing server compatibility. Additionally, any breaking change to the server should require to upgrade this number.
- Y: This serves to lock on safe updates to this project, thus it is safe to update by keeping this number without worrying about
diff --git a/catapult-sdk/package.json b/catapult-sdk/package.json
index eb2bdaed5..e6cffeec4 100644
--- a/catapult-sdk/package.json
+++ b/catapult-sdk/package.json
@@ -1,6 +1,6 @@
{
"name": "catapult-sdk",
- "version": "0.7.20.52",
+ "version": "1.1.0",
"description": "Catapult SDK core",
"main": "_build/index.js",
"scripts": {
diff --git a/rest/package.json b/rest/package.json
index b2e7759f9..8393575bf 100644
--- a/rest/package.json
+++ b/rest/package.json
@@ -1,6 +1,6 @@
{
"name": "catapult-api-rest",
- "version": "1.0.20.52",
+ "version": "1.1.0",
"description": "",
"main": "_build/index.js",
"scripts": {