diff --git a/.version b/.version
index 2d72c8d3..0b6f7506 100644
--- a/.version
+++ b/.version
@@ -1 +1 @@
-0.9.48
+0.9.49
diff --git a/CHANGELOG.md b/CHANGELOG.md
index d08f885f..294a10f2 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,13 @@
 ## PVC Changelog
 
+###### [v0.9.49](https://github.com/parallelvirtualcluster/pvc/releases/tag/v0.9.49)
+
+  * [Node Daemon] Fixes bugs with OSD stat population on creation
+  * [Node Daemon/API] Adds additional information to Zookeeper about OSDs
+  * [Node Daemon] Refactors OSD removal for improved safety
+  * [Node Daemon/API/CLI] Adds explicit support for replacing and refreshing (reimporting) OSDs
+  * [API/CLI] Fixes a language inconsistency about "router mode"
+
 ###### [v0.9.48](https://github.com/parallelvirtualcluster/pvc/releases/tag/v0.9.48)
 
   * [CLI] Fixes situation where only a single cluster is available
diff --git a/api-daemon/pvcapid/Daemon.py b/api-daemon/pvcapid/Daemon.py
index d9da6890..8b5f2f1a 100755
--- a/api-daemon/pvcapid/Daemon.py
+++ b/api-daemon/pvcapid/Daemon.py
@@ -25,7 +25,7 @@ import yaml
 from distutils.util import strtobool as dustrtobool
 
 # Daemon version
-version = "0.9.48"
+version = "0.9.49"
 
 # API version
 API_VERSION = 1.0
diff --git a/client-cli/setup.py b/client-cli/setup.py
index 8dc60837..820486c6 100644
--- a/client-cli/setup.py
+++ b/client-cli/setup.py
@@ -2,7 +2,7 @@ from setuptools import setup
 
 setup(
     name="pvc",
-    version="0.9.48",
+    version="0.9.49",
     packages=["pvc", "pvc.cli_lib"],
     install_requires=[
         "Click",
diff --git a/debian/changelog b/debian/changelog
index 7368c5fb..29c9acd6 100644
--- a/debian/changelog
+++ b/debian/changelog
@@ -1,3 +1,13 @@
+pvc (0.9.49-0) unstable; urgency=high
+
+  * [Node Daemon] Fixes bugs with OSD stat population on creation
+  * [Node Daemon/API] Adds additional information to Zookeeper about OSDs
+  * [Node Daemon] Refactors OSD removal for improved safety
+  * [Node Daemon/API/CLI] Adds explicit support for replacing and refreshing (reimporting) OSDs
+  * [API/CLI] Fixes a language inconsistency about "router mode"
+
+ -- Joshua M. Boniface <joshua@boniface.me>  Fri, 06 May 2022 15:49:39 -0400
+
 pvc (0.9.48-0) unstable; urgency=high
 
   * [CLI] Fixes situation where only a single cluster is available
diff --git a/node-daemon/pvcnoded/Daemon.py b/node-daemon/pvcnoded/Daemon.py
index da26036c..cfd5f704 100644
--- a/node-daemon/pvcnoded/Daemon.py
+++ b/node-daemon/pvcnoded/Daemon.py
@@ -48,7 +48,7 @@ import re
 import json
 
 # Daemon version
-version = "0.9.48"
+version = "0.9.49"
 
 
 ##########################################################