diff --git a/RELEASE_NOTES b/RELEASE_NOTES
index e447e29..dbe3078 100644
--- a/RELEASE_NOTES
+++ b/RELEASE_NOTES
@@ -1,3 +1,16 @@
+== iperf 3.0b3 2010-07-23 ==
+
+  * Better error handling
+      * All errors now handled with iperf_error()
+      * All functions that can return errors return NULL or -1 on error and set i_errno appropriately
+  * Iperf API intruduced
+      * Support for adding new protocols
+      * Added support for callback functions
+          * on_connect - executes after a connection is made to the server
+          * on_new_stream - executes after a new stream is created
+          * on_test_start - executes right before the test begins
+          * on_test_finish - executes after the test is finished
+
 == iperf 3.0b2 2010-07-15 ==
 
   * UDP mode now supported
diff --git a/TODO b/TODO
index 292eef6..84cb1c4 100644
--- a/TODO
+++ b/TODO
@@ -3,11 +3,10 @@ Current list of things to fix/add to iperf3
 
 -  readd -Z option (linux tcp congestion control algoritm)
 -  readd flag to set IP_TOS (-S)
--  add verbose and debug options
+-  add debug options and extend verbose mode
 -  separate iperf_api.c into iperf_client.c and iperf_utils.c
--  add full iperf API support and documentation 
+-  add more iperf API support and documentation 
 -  look for 'XXX' in code and address
--  much better/standard error handling throughout
 -  better packaging/makefile, README, LICENCE, etc files
 -  document and verify the 'state machine'. Is it an error to send messages in the wrong order?
      - e.g.: what is "STREAM_RUNNING" vs "TEST_RUNNING"??
diff --git a/src/version.h b/src/version.h
index df0e6b7..ae119e4 100644
--- a/src/version.h
+++ b/src/version.h
@@ -1,2 +1,2 @@
-#define IPERF_VERSION "3.0-BETA2"
-#define IPERF_VERSION_DATE "16 Jul 2010"
+#define IPERF_VERSION "3.0-BETA3"
+#define IPERF_VERSION_DATE "23 Jul 2010"