diff --git a/.docs/about/release-notes.md b/.docs/about/release-notes.md
index 9fa5ef6e..5fdaf0ea 100644
--- a/.docs/about/release-notes.md
+++ b/.docs/about/release-notes.md
@@ -3,6 +3,12 @@
 Release early, release often
 
 ---
+## Version 0.3.2 (TBA)
+This release updates the project to reflect its new location at
+github.com/codedellemc.
+
+### Enhancements
+* Relocated to codedellemc ([#307](https://github.com/codedellemc/libstorage/pull/307))
 
 ## Version 0.3.1 (2016/10/18)
 This is a minor update that includes support for ScaleIO 2.0.1.
diff --git a/VERSION b/VERSION
index 9e11b32f..a12e7dda 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.3.1
+0.3.2-rc1