diff --git a/core/java/src/net/i2p/CoreVersion.java b/core/java/src/net/i2p/CoreVersion.java
index 2dec32f8c..862546bc7 100644
--- a/core/java/src/net/i2p/CoreVersion.java
+++ b/core/java/src/net/i2p/CoreVersion.java
@@ -16,7 +16,7 @@ package net.i2p;
 public class CoreVersion {
     /** deprecated */
     public final static String ID = "Monotone";
-    public final static String VERSION = "0.8.7";
+    public final static String VERSION = "0.8.8";
 
     public static void main(String args[]) {
         System.out.println("I2P Core version: " + VERSION);
diff --git a/installer/install.xml b/installer/install.xml
index 7381cc794..c0ae82c38 100644
--- a/installer/install.xml
+++ b/installer/install.xml
@@ -4,7 +4,7 @@
 
     <info>
         <appname>i2p</appname>
-        <appversion>0.8.7</appversion>
+        <appversion>0.8.8</appversion>
         <authors>
             <author name="I2P" email="http://forum.i2p2.de/"/>
         </authors>
diff --git a/installer/resources/news.xml b/installer/resources/news.xml
index 61563aae3..3b7525ae9 100644
--- a/installer/resources/news.xml
+++ b/installer/resources/news.xml
@@ -1,33 +1,19 @@
 <!--
 <i2p.news date="$Date: 2011-05-16 00:00:00 $">
-<i2p.release version="0.8.7" date="2011/06/27" minVersion="0.6" />
+<i2p.release version="0.8.8" date="2011/08/23" minVersion="0.6" />
 -->
 <div lang="en">
-<h3>2011-06-27: <b>0.8.7 <a href="http://www.i2p2.i2p/release-0.8.7.html">Released</a></b></h3>
-
-<p>I2P release 0.8.7 contains several upgrades to long-neglected components,
- including the Naming Services, graphing, the native CPU ID and BigInteger
- libraries, crypto implementations, and the wrapper.</p>
-
-<p>Thanks to new contributor KillYourTV who was instrumental in implementing
- and testing these upgrades, with additional support from sponge and hottuna.</p>
-
-<p>CPU ID enhancements are by hottuna, generously funded by
- <a href="http://relakks.com/">http://relakks.com/</a> and <a href="http://ipredator.se/">http://ipredator.se/</a> -
- thanks to Peter Sunde and Jan-Erik Fiske for their support.</p>
-
-<p>Also, for the first time, we now have an official
-<a href="https://launchpad.net/~i2p-maintainers/+archive/i2p">I2P Personal Package Archive (PPA) on launchpad.net</a>.
-For those of you using Ubuntu, this offers an easy way to install I2P and keep the
- various components up-to-date. The I2P package offers the option of installing as
- a service, or it may be started on-demand as usual. This PPA is currently maintained
- by KillYourTV with support by other members of the development team.
-The <a href="http://www.i2p2.i2p/debian">Ubuntu/Debian installation instructions</a> are on our website.
-</p>
-
-<p>For those updating over the network, this update is about 4 times the usual size,
- due to the inclusion of the jbigi updates. Please be patient while downloading the update over the network.
+<h3>2011-08-23: <b>0.8.8 <a href="http://www.i2p2.i2p/release-0.8.8.html">Released</a></b></h3>
 
+<p>I2P release 0.8.8 enables the new hosts.txt database to speed hostname lookups
+ and store additional information on hostname entries.
+ It also includes improvements to speed a router's integration on startup.
+ There is new code to detect and react to large clock shifts that should help
+ a router recover after suspend/resume of the computer.
+</p><p>
+ There are new translations for Danish and Ukranian and lots of updates in other languages.
+ Also included are, of course, a large collection of bug fixes, performance improvements,
+ and updates to deal with the continued rapid expansion of the network.
 
 </p><p>
 Please help grow the network.
diff --git a/router/java/src/net/i2p/router/RouterVersion.java b/router/java/src/net/i2p/router/RouterVersion.java
index 33006bcb1..a411b0099 100644
--- a/router/java/src/net/i2p/router/RouterVersion.java
+++ b/router/java/src/net/i2p/router/RouterVersion.java
@@ -18,10 +18,10 @@ public class RouterVersion {
     /** deprecated */
     public final static String ID = "Monotone";
     public final static String VERSION = CoreVersion.VERSION;
-    public final static long BUILD = 27;
+    public final static long BUILD = 0;
 
     /** for example "-test" */
-    public final static String EXTRA = "-rc";
+    public final static String EXTRA = "";
     public final static String FULL_VERSION = VERSION + "-" + BUILD + EXTRA;
     public static void main(String args[]) {
         System.out.println("I2P Router version: " + FULL_VERSION);