diff --git a/feeds.conf.default b/feeds.conf.default
index 6181dc69320e6d22ec50a9d8755a24a451b8ca5c..28b0d14ed9d20aaa7b2fc3f8a7034699980b2e79 100644
--- a/feeds.conf.default
+++ b/feeds.conf.default
@@ -1,4 +1,4 @@
-src-git packages https://git.lede-project.org/feed/packages.git;lede-17.01
-src-git luci https://git.lede-project.org/project/luci.git;lede-17.01
-src-git routing https://git.lede-project.org/feed/routing.git;lede-17.01
-src-git telephony https://git.lede-project.org/feed/telephony.git;lede-17.01
+src-git packages https://git.lede-project.org/feed/packages.git^f9e99848182fc7bc554e541ca133c22079d4041b
+src-git luci https://git.lede-project.org/project/luci.git^29fabe26399fbaecf9231e24f9ac1ee5773cafa6
+src-git routing https://git.lede-project.org/feed/routing.git^04a37ef4309c2b67c64901eb8fbf3800b4c7bb35
+src-git telephony https://git.lede-project.org/feed/telephony.git^1f0fb2538ba6fc306198fe2a9a4b976d63adb304
diff --git a/include/version.mk b/include/version.mk
index 8a6ab94eaa02a89e2e6c1e6794875c62953547a8..4987e5646e716509daf8e58a3ff14c08fc0d3cbf 100644
--- a/include/version.mk
+++ b/include/version.mk
@@ -31,16 +31,16 @@ qstrip_escape=$(subst ','\'',$(call qstrip,$(1)))
 sanitize = $(call tolower,$(subst _,-,$(subst $(space),-,$(1))))
 
 VERSION_NUMBER:=$(call qstrip_escape,$(CONFIG_VERSION_NUMBER))
-VERSION_NUMBER:=$(if $(VERSION_NUMBER),$(VERSION_NUMBER),17.01-SNAPSHOT)
+VERSION_NUMBER:=$(if $(VERSION_NUMBER),$(VERSION_NUMBER),17.01.1)
 
 VERSION_CODE:=$(call qstrip_escape,$(CONFIG_VERSION_CODE))
-VERSION_CODE:=$(if $(VERSION_CODE),$(VERSION_CODE),$(REVISION))
+VERSION_CODE:=$(if $(VERSION_CODE),$(VERSION_CODE),r3316-7eb58cf109)
 
 VERSION_NICK:=$(call qstrip_escape,$(CONFIG_VERSION_NICK))
 VERSION_NICK:=$(if $(VERSION_NICK),$(VERSION_NICK),$(RELEASE))
 
 VERSION_REPO:=$(call qstrip_escape,$(CONFIG_VERSION_REPO))
-VERSION_REPO:=$(if $(VERSION_REPO),$(VERSION_REPO),http://downloads.lede-project.org/releases/17.01-SNAPSHOT)
+VERSION_REPO:=$(if $(VERSION_REPO),$(VERSION_REPO),http://downloads.lede-project.org/releases/17.01.1)
 
 VERSION_DIST:=$(call qstrip_escape,$(CONFIG_VERSION_DIST))
 VERSION_DIST:=$(if $(VERSION_DIST),$(VERSION_DIST),LEDE)
diff --git a/package/base-files/image-config.in b/package/base-files/image-config.in
index b60053046a5cfea208d8ac6a719614f06f63841e..b6d6d40d41a41253336c2ce8b1773cd5d4139472 100644
--- a/package/base-files/image-config.in
+++ b/package/base-files/image-config.in
@@ -190,7 +190,7 @@ if VERSIONOPT
 	config VERSION_REPO
 		string
 		prompt "Release repository"
-		default "http://downloads.lede-project.org/releases/17.01-SNAPSHOT"
+		default "http://downloads.lede-project.org/releases/17.01.1"
 		help
 			This is the repository address embedded in the image, it defaults
 			to the trunk snapshot repo; the url may contain the following placeholders:
@@ -262,7 +262,7 @@ if VERSIONOPT
 	config VERSION_CODE_FILENAMES
 		bool
 		prompt "Revision code in filenames"
-		default y
+		default n
 		help
 			Enable this to include the revision identifier or the configured
 			version code into the firmware image, SDK- and Image Builder archive
diff --git a/version b/version
new file mode 100644
index 0000000000000000000000000000000000000000..86ed0a00fb19d3b6669d2b8d367f18977b66d140
--- /dev/null
+++ b/version
@@ -0,0 +1 @@
+r3316-7eb58cf109
diff --git a/version.date b/version.date
new file mode 100644
index 0000000000000000000000000000000000000000..de11e0bc7d8ff78a577a994c8276dbf33d79f352
--- /dev/null
+++ b/version.date
@@ -0,0 +1 @@
+1492445753