diff --git a/CMakeLists.txt b/CMakeLists.txt
index d521da5f..eab734e9 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -9,8 +9,8 @@ enable_language(C ASM)
 project(mckernel C ASM)
 set(MCKERNEL_VERSION "1.7.0")
 
-# See "Fedora Packaging Guidlines -- Versioning"
-set(MCKERNEL_RELEASE "0.96")
+# See "Fedora Packaging Guidelines -- Versioning"
+set(MCKERNEL_RELEASE "1")
 
 set(CMAKE_MODULE_PATH ${CMAKE_SOURCE_DIR}/cmake/modules)
 # for rpmbuild
diff --git a/docs/NEWS.rst b/docs/NEWS.rst
index 0c2c49e9..78a59c6a 100644
--- a/docs/NEWS.rst
+++ b/docs/NEWS.rst
@@ -1,11 +1,12 @@
 =============================================
-Version 1.7.0-0.93 (Aug 1, 2020)
+Version 1.7.0 (Nov 25, 2020)
 =============================================
 
 ----------------------
 IHK major updates
 ----------------------
 #. ihklib: add ihk_create_os_str
+#. ihklib: ihk_reserve_mem: add capped best effort to balanced
 
 ------------------------
 IHK major bug fixes