diff --git a/README.md b/README.md
index f0247b791..7157b9d88 100644
--- a/README.md
+++ b/README.md
@@ -17,8 +17,12 @@ This distribution contains:
 2. Tests and example applications
 3. A directory structure and makefiles to manage it all.
 
-Version Notes:
-==============
+## Version Notes:
+
+- 5.0.11: DEVELOPMENT
+  - The more descriptive return value OS_ERR_NAME_NOT_FOUND (instead of OS_FS_ERROR) will now be returned from the following functions (): OS_rmfs, OS_mount, OS_unmount, OS_FS_GetPhysDriveName
+  - Wraps OS_ShMem* prototype and unit test wrapper additions in OSAL_OMIT_DEPRECATED
+  - Minor updates (see https://github.com/nasa/osal/pull/408)
 - 5.0.10: DEVELOPMENT
   - Minor updates (see https://github.com/nasa/osal/pull/401)
 - 5.0.9: DEVELOPMENT
diff --git a/src/os/inc/osapi-version.h b/src/os/inc/osapi-version.h
index 089fd587f..8d1f61507 100644
--- a/src/os/inc/osapi-version.h
+++ b/src/os/inc/osapi-version.h
@@ -20,7 +20,7 @@
 
 #define OS_MAJOR_VERSION 5  /**< @brief Major version number */
 #define OS_MINOR_VERSION 0  /**< @brief Minor version number */
-#define OS_REVISION      10  /**< @brief Revision number */
+#define OS_REVISION      11  /**< @brief Revision number */
 #define OS_MISSION_REV   0  /**< @brief Mission revision */
 
 /**