diff --git a/distribution/src/assembly/filter.properties b/distribution/src/assembly/filter.properties
index 30ddaa629e..272d4ae52d 100644
--- a/distribution/src/assembly/filter.properties
+++ b/distribution/src/assembly/filter.properties
@@ -18,5 +18,5 @@
 
 product.name=WSO2 Micro Integrator
 product.key=MI
-product.version=4.3.0
+product.version=4.4.0-alpha
 product.wum.name=wso2mi
diff --git a/integration/mediation-tests/tests-platform/tests-transaction/pom.xml b/integration/mediation-tests/tests-platform/tests-transaction/pom.xml
index 1beeadb05a..62efc693bb 100644
--- a/integration/mediation-tests/tests-platform/tests-transaction/pom.xml
+++ b/integration/mediation-tests/tests-platform/tests-transaction/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>org.wso2.ei</groupId>
         <artifactId>mediation-integration</artifactId>
-        <version>4.3.0-SNAPSHOT</version>
+        <version>4.4.0-SNAPSHOT</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/p2-profile/carbon.product b/p2-profile/carbon.product
index fff4918986..0d4a71665f 100755
--- a/p2-profile/carbon.product
+++ b/p2-profile/carbon.product
@@ -2,7 +2,7 @@
 <?pde version="3.5"?>
 
 <product name="Carbon Product" uid="carbon.product.id" id="carbon.product" application="carbon.application"
-version="4.9.26" useFeatures="true" includeLaunchers="true">
+version="4.9.27" useFeatures="true" includeLaunchers="true">
 
    <configIni use="default">
    </configIni>
@@ -14,7 +14,7 @@ version="4.9.26" useFeatures="true" includeLaunchers="true">
    </plugins>
 
    <features>
-      <feature id="org.wso2.carbon.core.runtime" version="4.9.26"/>
+      <feature id="org.wso2.carbon.core.runtime" version="4.9.27"/>
    </features>
 
   <configurations>
diff --git a/pom.xml b/pom.xml
index 0e55413bd0..4af2db3e70 100644
--- a/pom.xml
+++ b/pom.xml
@@ -1601,14 +1601,14 @@
         <carbon.p2.plugin.version>5.1.2</carbon.p2.plugin.version>
 
         <!-- Carbon kernel version-->
-        <carbon.kernel.version>4.9.26</carbon.kernel.version>
+        <carbon.kernel.version>4.9.27</carbon.kernel.version>
         <carbon.kernel.imp.pkg.version>[4.5.0,5.0.0)</carbon.kernel.imp.pkg.version>
         <version.jaxb.api>2.4.0-b180830.0359</version.jaxb.api>
         <com.sun.jaxb.version>2.3.0</com.sun.jaxb.version>
         <com.sun.jaxb.impl.version>2.3.1</com.sun.jaxb.impl.version>
         <synapse.version>4.0.0-wso2v154</synapse.version>
         <imp.pkg.version.synapse>[4.0.0, 4.0.1)</imp.pkg.version.synapse>
-        <carbon.mediation.version>4.7.215</carbon.mediation.version>
+        <carbon.mediation.version>4.7.221</carbon.mediation.version>
         <carbon.crypto.version>1.1.3</carbon.crypto.version>
         <carbon.crypto.api.imp.pkg.version.range>[1.1.0,1.2.0)</carbon.crypto.api.imp.pkg.version.range>
         <carbon.data.version>4.5.2</carbon.data.version>
@@ -1629,9 +1629,9 @@
         <org.objenesis.version>2.1</org.objenesis.version>
 
         <!-- Apache Axis2 -->
-        <axis2.wso2.version>1.6.1-wso2v98</axis2.wso2.version>
+        <axis2.wso2.version>1.6.1-wso2v102</axis2.wso2.version>
         <!-- Please unify axis2 versions in future -->
-        <axis2.wso2.integration.test.version>1.6.1-wso2v97</axis2.wso2.integration.test.version>
+        <axis2.wso2.integration.test.version>1.6.1-wso2v102</axis2.wso2.integration.test.version>
         <imp.pkg.version.axis2>[1.6.1, 1.7.0)</imp.pkg.version.axis2>
 
         <carbon.analytics.common.version>5.2.52</carbon.analytics.common.version>