diff --git a/VERSION b/VERSION
index d49b38e..21c8c7b 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-7.1.1-dev
+7.1.1
diff --git a/xos-profiles/demo-simpleexampleservice/Chart.yaml b/xos-profiles/demo-simpleexampleservice/Chart.yaml
index 43110fd..c3cd57d 100644
--- a/xos-profiles/demo-simpleexampleservice/Chart.yaml
+++ b/xos-profiles/demo-simpleexampleservice/Chart.yaml
@@ -17,7 +17,7 @@
 description: A Helm chart that launches and configures SimpleExampleService. It's assumed that base-kubernetes profile is installed.
 icon: https://guide.opencord.org/logos/cord.svg
 
-version: 1.1.3
+version: 1.2.3
 
 # xosproject/tosca-loader version
-appVersion: 1.3.0
+appVersion: 2.0.0
diff --git a/xos-profiles/demo-simpleexampleservice/requirements.yaml b/xos-profiles/demo-simpleexampleservice/requirements.yaml
index b9f469d..a586d08 100644
--- a/xos-profiles/demo-simpleexampleservice/requirements.yaml
+++ b/xos-profiles/demo-simpleexampleservice/requirements.yaml
@@ -15,5 +15,5 @@
 
 dependencies:
 - name: simpleexampleservice
-  version: 1.2.2
-  repository: https://charts.opencord.org
+  version: 1.2.3
+  repository: file://../../xos-services/simpleexampleservice
diff --git a/xos-services/simpleexampleservice/Chart.yaml b/xos-services/simpleexampleservice/Chart.yaml
index 47a7c18..9fb5dea 100644
--- a/xos-services/simpleexampleservice/Chart.yaml
+++ b/xos-services/simpleexampleservice/Chart.yaml
@@ -17,5 +17,5 @@
 description: A Helm chart for XOS's "simpleexampleservice" service
 icon: https://guide.opencord.org/logos/cord.svg
 
-version: 1.2.2
-appVersion: 1.2.2
+version: 1.2.3
+appVersion: 1.2.3