diff --git a/README.md b/README.md
index 9232269c81..1a5d001f81 100644
--- a/README.md
+++ b/README.md
@@ -1,33 +1,28 @@
 Ansible Tower
 =============
 
-Formerly known as awx, ansible-commander and AnsibleWorks, ansible-tower
-provides a web-based user interface, REST API and task engine built on top of
+Tower provides a web-based user interface, REST API and task engine built on top of
 Ansible.
 
-The current version under development is 2.0.0, and uses the master branch.
+The current version under development is 2.0.0.  
 
-1.2.2 was the initial version released on July 31, 2013.
+Development releases always use the 'master' branch.
 
-1.3.0 was released on September 15, 2013.
+Release schedule
+================
 
-1.3.1 was released on September 17, 2013.
+* 1.2.2, July 31, 2013.
+* 1.3.0, September 15, 2013.
+* 1.3.1, September 17, 2013.
+* 1.4.0, November 25, 2013.
+* 1.4.5, February 10, 2014.
+* 1.4.8, April 7, 2014.
+* 1.4.9, April 17, 2014.
+* 1.4.10, April 28, 2014.
+* 1.4.11, May 30, 2014.
+* 2.0.0, August 19, 2014
 
-1.4.0 was released on November 25, 2013.
-
-1.4.5 was released on February 10, 2014.
-
-1.4.8 was released on April 7, 2014.
-
-1.4.9 was released on April 17, 2014.
-
-1.4.10 was released on April 28, 2014.
-
-1.4.11 was released on May 30, 2014.
-
-2.0.0 was released on August 19, 2014
-
-Hotfixes should go on the appropriate release branch and be cherry-picked to
+Any fixes should be applied on the appropriate release branch and be cherry-picked to
 master.
 
 Resources