diff --git a/README.md b/README.md
index 5908b2da09..c54c25fd16 100644
--- a/README.md
+++ b/README.md
@@ -14,6 +14,8 @@ Integrated into [Huggingface Spaces 🤗](https://huggingface.co/spaces) using [
 
 
 ## What's new
+- 2 June 2022 - Version 1.5.0
+    - Add trainer for CRAFT detection model (thanks[@gmuffiness](https://github.com/gmuffiness), see [PR](https://github.com/JaidedAI/EasyOCR/pull/739))
 - 9 April 2022 - Version 1.4.2
     - Update dependencies (opencv and pillow issues)
 - 11 September 2021 - Version 1.4.1
@@ -133,7 +135,7 @@ $ easyocr -l ch_sim en -f chinese.jpg --detail=1 --gpu=True
 
 For recognition model, [Read here](https://github.com/JaidedAI/EasyOCR/blob/master/custom_model.md).
 
-For detection model (CRAFT), [Read here](https://github.com/JaidedAI/EasyOCR/blob/master/trainer/craft/README.md). 
+For detection model (CRAFT), [Read here](https://github.com/JaidedAI/EasyOCR/blob/master/trainer/craft/README.md).
 
 ## Implementation Roadmap
 
diff --git a/easyocr/__init__.py b/easyocr/__init__.py
index 294d3887b5..5449d97807 100644
--- a/easyocr/__init__.py
+++ b/easyocr/__init__.py
@@ -1,3 +1,3 @@
 from .easyocr import Reader
 
-__version__ = '1.4.2'
+__version__ = '1.5.0'
diff --git a/releasenotes.md b/releasenotes.md
index 70a79aeaf0..4d8a50ef43 100644
--- a/releasenotes.md
+++ b/releasenotes.md
@@ -1,3 +1,5 @@
+- 2 June 2022 - Version 1.5.0
+    - Add trainer for CRAFT detection model (thanks[@gmuffiness](https://github.com/gmuffiness), see [PR](https://github.com/JaidedAI/EasyOCR/pull/739))
 - 9 April 2022 - Version 1.4.2
     - Update dependencies (opencv and pillow issues)
 - 11 September 2021 - Version 1.4.1
diff --git a/setup.py b/setup.py
index 04e4a0530e..291e626629 100644
--- a/setup.py
+++ b/setup.py
@@ -17,7 +17,7 @@ def readme():
     name='easyocr',
     packages=['easyocr'],
     include_package_data=True,
-    version='1.4.2',
+    version='1.5.0',
     install_requires=requirements,
     entry_points={"console_scripts": ["easyocr= easyocr.cli:main"]},
     license='Apache License 2.0',