diff --git a/ci/compose-uber-jar/gradle.properties b/ci/compose-uber-jar/gradle.properties
index e8799addb3..b73aea1df6 100644
--- a/ci/compose-uber-jar/gradle.properties
+++ b/ci/compose-uber-jar/gradle.properties
@@ -1,3 +1,3 @@
 # __LATEST_COMPOSE_RELEASE_VERSION__
-compose.version=0.2.0-build132
+compose.version=0.3.0-rc1
 kotlin.code.style=official
diff --git a/examples/codeviewer/android/build.gradle.kts b/examples/codeviewer/android/build.gradle.kts
index f752a9ce13..2d3ef14095 100644
--- a/examples/codeviewer/android/build.gradle.kts
+++ b/examples/codeviewer/android/build.gradle.kts
@@ -22,11 +22,5 @@ android {
 
 dependencies {
     implementation(project(":common"))
-    implementation("androidx.activity:activity-compose:1.3.0-alpha02") {
-        exclude(group = "androidx.compose.animation")
-        exclude(group = "androidx.compose.foundation")
-        exclude(group = "androidx.compose.material")
-        exclude(group = "androidx.compose.runtime")
-        exclude(group = "androidx.compose.ui")
-    }
+    implementation("androidx.activity:activity-compose:1.3.0-alpha02")
 }
\ No newline at end of file
diff --git a/examples/codeviewer/build.gradle.kts b/examples/codeviewer/build.gradle.kts
index b706b69116..d643661770 100644
--- a/examples/codeviewer/build.gradle.kts
+++ b/examples/codeviewer/build.gradle.kts
@@ -9,7 +9,7 @@ buildscript {
 
     dependencies {
         // __LATEST_COMPOSE_RELEASE_VERSION__
-        classpath("org.jetbrains.compose:compose-gradle-plugin:0.3.0-build154")
+        classpath("org.jetbrains.compose:compose-gradle-plugin:0.3.0-rc1")
         classpath("com.android.tools.build:gradle:4.0.1")
          // __KOTLIN_COMPOSE_VERSION__
         classpath(kotlin("gradle-plugin", version = "1.4.30"))
diff --git a/examples/codeviewer/desktop/build.gradle.kts b/examples/codeviewer/desktop/build.gradle.kts
index f23db7d853..b1c2566a7b 100644
--- a/examples/codeviewer/desktop/build.gradle.kts
+++ b/examples/codeviewer/desktop/build.gradle.kts
@@ -25,6 +25,7 @@ compose.desktop {
         nativeDistributions {
             targetFormats(TargetFormat.Dmg, TargetFormat.Msi, TargetFormat.Deb)
             packageName = "ComposeCodeViewer"
+            packageVersion = "1.0.0"
 
             windows {
                 menu = true
diff --git a/examples/falling_balls/build.gradle.kts b/examples/falling_balls/build.gradle.kts
index 13909b2781..bf50cad463 100644
--- a/examples/falling_balls/build.gradle.kts
+++ b/examples/falling_balls/build.gradle.kts
@@ -6,7 +6,7 @@ plugins {
     // __KOTLIN_COMPOSE_VERSION__
     kotlin("jvm") version "1.4.30"
     // __LATEST_COMPOSE_RELEASE_VERSION__
-    id("org.jetbrains.compose") version "0.3.0-build154"
+    id("org.jetbrains.compose") version "0.3.0-rc1"
 }
 
 group = "me.user"
@@ -32,6 +32,7 @@ compose.desktop {
         nativeDistributions {
             targetFormats(TargetFormat.Dmg, TargetFormat.Msi, TargetFormat.Deb)
             packageName = "falling_balls"
+            packageVersion = "1.0.0"
         }
     }
 }
diff --git a/examples/imageviewer/android/build.gradle.kts b/examples/imageviewer/android/build.gradle.kts
index 79c2704f42..4beda5caa5 100755
--- a/examples/imageviewer/android/build.gradle.kts
+++ b/examples/imageviewer/android/build.gradle.kts
@@ -22,11 +22,5 @@ android {
 
 dependencies {
     implementation(project(":common"))
-    implementation("androidx.activity:activity-compose:1.3.0-alpha02") {
-        exclude(group = "androidx.compose.animation")
-        exclude(group = "androidx.compose.foundation")
-        exclude(group = "androidx.compose.material")
-        exclude(group = "androidx.compose.runtime")
-        exclude(group = "androidx.compose.ui")
-    }
+    implementation("androidx.activity:activity-compose:1.3.0-alpha02")
 }
diff --git a/examples/imageviewer/build.gradle.kts b/examples/imageviewer/build.gradle.kts
index ba94483479..664b2a34f2 100755
--- a/examples/imageviewer/build.gradle.kts
+++ b/examples/imageviewer/build.gradle.kts
@@ -11,7 +11,7 @@ buildscript {
 
     dependencies {
         // __LATEST_COMPOSE_RELEASE_VERSION__
-        classpath("org.jetbrains.compose:compose-gradle-plugin:0.3.0-build154")
+        classpath("org.jetbrains.compose:compose-gradle-plugin:0.3.0-rc1")
         classpath("com.android.tools.build:gradle:4.0.1")
         // __KOTLIN_COMPOSE_VERSION__
         classpath(kotlin("gradle-plugin", version = "1.4.30"))
diff --git a/examples/imageviewer/desktop/build.gradle.kts b/examples/imageviewer/desktop/build.gradle.kts
index e79030a751..46bccd234b 100755
--- a/examples/imageviewer/desktop/build.gradle.kts
+++ b/examples/imageviewer/desktop/build.gradle.kts
@@ -27,6 +27,8 @@ compose.desktop {
         nativeDistributions {
             targetFormats(TargetFormat.Dmg, TargetFormat.Msi, TargetFormat.Deb)
             packageName = "ImageViewer"
+            packageVersion = "1.0.0"
+            
             modules("jdk.crypto.ec")
 
             val iconsRoot = project.file("../common/src/desktopMain/resources/images")
diff --git a/examples/intelliJPlugin/build.gradle.kts b/examples/intelliJPlugin/build.gradle.kts
index 5ff3a8cc2a..99919c32d5 100644
--- a/examples/intelliJPlugin/build.gradle.kts
+++ b/examples/intelliJPlugin/build.gradle.kts
@@ -4,7 +4,8 @@ plugins {
     id("org.jetbrains.intellij") version "0.6.5"
     java
     kotlin("jvm") version "1.4.30"
-    id("org.jetbrains.compose") version "0.3.0-build154"
+    // __LATEST_COMPOSE_RELEASE_VERSION__
+    id("org.jetbrains.compose") version "0.3.0-rc1"
 }
 
 group = "org.example"
diff --git a/examples/issues/android/build.gradle.kts b/examples/issues/android/build.gradle.kts
index 07a03fe0cf..1ae8733563 100644
--- a/examples/issues/android/build.gradle.kts
+++ b/examples/issues/android/build.gradle.kts
@@ -22,11 +22,5 @@ android {
 
 dependencies {
     implementation(project(":common"))
-    implementation("androidx.activity:activity-compose:1.3.0-alpha02") {
-        exclude(group = "androidx.compose.animation")
-        exclude(group = "androidx.compose.foundation")
-        exclude(group = "androidx.compose.material")
-        exclude(group = "androidx.compose.runtime")
-        exclude(group = "androidx.compose.ui")
-    }
+    implementation("androidx.activity:activity-compose:1.3.0-alpha02")
 }
diff --git a/examples/issues/build.gradle.kts b/examples/issues/build.gradle.kts
index b4eb6d404d..9309b0b759 100644
--- a/examples/issues/build.gradle.kts
+++ b/examples/issues/build.gradle.kts
@@ -9,7 +9,7 @@ buildscript {
 
     dependencies {
         // __LATEST_COMPOSE_RELEASE_VERSION__
-        classpath("org.jetbrains.compose:compose-gradle-plugin:0.3.0-build154")
+        classpath("org.jetbrains.compose:compose-gradle-plugin:0.3.0-rc1")
         classpath("com.android.tools.build:gradle:4.0.1")
         // __KOTLIN_COMPOSE_VERSION__
         classpath(kotlin("gradle-plugin", version = "1.4.30"))
diff --git a/examples/issues/desktop/build.gradle.kts b/examples/issues/desktop/build.gradle.kts
index de5b7567be..39d1ebc1f0 100644
--- a/examples/issues/desktop/build.gradle.kts
+++ b/examples/issues/desktop/build.gradle.kts
@@ -27,6 +27,7 @@ compose.desktop {
         nativeDistributions {
             targetFormats(TargetFormat.Dmg, TargetFormat.Msi, TargetFormat.Deb)
             packageName = "IssuesViewer"
+            packageVersion = "1.0.0"
 
             windows {
                 menu = true
diff --git a/examples/todoapp/android/build.gradle.kts b/examples/todoapp/android/build.gradle.kts
index e351cdb72c..9e84b15b47 100755
--- a/examples/todoapp/android/build.gradle.kts
+++ b/examples/todoapp/android/build.gradle.kts
@@ -37,15 +37,16 @@ dependencies {
     implementation(Deps.ArkIvanov.MVIKotlin.mvikotlinLogging)
     implementation(Deps.ArkIvanov.MVIKotlin.mvikotlinTimeTravel)
     implementation(Deps.ArkIvanov.Decompose.decompose)
-    implementation(Deps.ArkIvanov.Decompose.extensionsCompose)
+    implementation(Deps.ArkIvanov.Decompose.extensionsCompose) {
+        // TODO remove when we will not be using 0.0.0-unmerged version
+        exclude(group = "org.jetbrains.compose.desktop")
+        exclude(group = "org.jetbrains.compose.animation")
+        exclude(group = "org.jetbrains.compose.foundation")
+        exclude(group = "org.jetbrains.compose.material")
+        exclude(group = "org.jetbrains.compose.runtime")
+        exclude(group = "org.jetbrains.compose.ui")
+    }
     implementation(Deps.AndroidX.AppCompat.appCompat)
 
-    implementation(Deps.AndroidX.Activity.activityCompose) {
-        // Workaround as per https://github.com/JetBrains/compose-jb/issues/354#issuecomment-777122304
-        exclude(group = "androidx.compose.animation")
-        exclude(group = "androidx.compose.foundation")
-        exclude(group = "androidx.compose.material")
-        exclude(group = "androidx.compose.runtime")
-        exclude(group = "androidx.compose.ui")
-    }
+    implementation(Deps.AndroidX.Activity.activityCompose)
 }
diff --git a/examples/todoapp/buildSrc/buildSrc/src/main/kotlin/Deps.kt b/examples/todoapp/buildSrc/buildSrc/src/main/kotlin/Deps.kt
index 5ea28c7503..324ca34061 100644
--- a/examples/todoapp/buildSrc/buildSrc/src/main/kotlin/Deps.kt
+++ b/examples/todoapp/buildSrc/buildSrc/src/main/kotlin/Deps.kt
@@ -12,7 +12,8 @@ object Deps {
 
         object Compose {
             // __LATEST_COMPOSE_RELEASE_VERSION__
-            private const val VERSION = "0.3.0-build152"
+            // TODO remove exclude(group = "org.jetbrains.compose.desktop")
+            private const val VERSION = "0.3.0-rc1"
             const val gradlePlugin = "org.jetbrains.compose:compose-gradle-plugin:$VERSION"
         }
     }
diff --git a/examples/todoapp/common/compose-ui/build.gradle.kts b/examples/todoapp/common/compose-ui/build.gradle.kts
index 1975637256..27aa0790c0 100755
--- a/examples/todoapp/common/compose-ui/build.gradle.kts
+++ b/examples/todoapp/common/compose-ui/build.gradle.kts
@@ -11,7 +11,15 @@ kotlin {
                 implementation(project(":common:edit"))
                 implementation(project(":common:root"))
                 implementation(Deps.ArkIvanov.Decompose.decompose)
-                implementation(Deps.ArkIvanov.Decompose.extensionsCompose)
+                implementation(Deps.ArkIvanov.Decompose.extensionsCompose) {
+                    // TODO remove when we will not be using 0.0.0-unmerged version
+                    exclude(group = "org.jetbrains.compose.desktop")
+                    exclude(group = "org.jetbrains.compose.animation")
+                    exclude(group = "org.jetbrains.compose.foundation")
+                    exclude(group = "org.jetbrains.compose.material")
+                    exclude(group = "org.jetbrains.compose.runtime")
+                    exclude(group = "org.jetbrains.compose.ui")
+                }
             }
         }
     }
diff --git a/examples/todoapp/desktop/build.gradle.kts b/examples/todoapp/desktop/build.gradle.kts
index 97ac30a6ad..68cd17e6e4 100755
--- a/examples/todoapp/desktop/build.gradle.kts
+++ b/examples/todoapp/desktop/build.gradle.kts
@@ -20,7 +20,15 @@ kotlin {
                 implementation(project(":common:root"))
                 implementation(project(":common:compose-ui"))
                 implementation(Deps.ArkIvanov.Decompose.decompose)
-                implementation(Deps.ArkIvanov.Decompose.extensionsCompose)
+                implementation(Deps.ArkIvanov.Decompose.extensionsCompose) {
+                    // TODO remove when we will not be using 0.0.0-unmerged version
+                    exclude(group = "org.jetbrains.compose.desktop")
+                    exclude(group = "org.jetbrains.compose.animation")
+                    exclude(group = "org.jetbrains.compose.foundation")
+                    exclude(group = "org.jetbrains.compose.material")
+                    exclude(group = "org.jetbrains.compose.runtime")
+                    exclude(group = "org.jetbrains.compose.ui")
+                }
                 implementation(Deps.ArkIvanov.MVIKotlin.mvikotlin)
                 implementation(Deps.ArkIvanov.MVIKotlin.mvikotlinMain)
                 implementation(Deps.Badoo.Reaktive.reaktive)
@@ -37,6 +45,8 @@ compose.desktop {
         nativeDistributions {
             targetFormats(TargetFormat.Dmg, TargetFormat.Msi, TargetFormat.Deb)
             packageName = "ComoseDesktopTodo"
+            packageVersion = "1.0.0"
+            
             modules("java.sql")
 
             windows {
diff --git a/examples/todoapp/desktop/src/jvmMain/kotlin/example/todo/desktop/Main.kt b/examples/todoapp/desktop/src/jvmMain/kotlin/example/todo/desktop/Main.kt
index 8c5641206d..a89355d1e0 100644
--- a/examples/todoapp/desktop/src/jvmMain/kotlin/example/todo/desktop/Main.kt
+++ b/examples/todoapp/desktop/src/jvmMain/kotlin/example/todo/desktop/Main.kt
@@ -1,5 +1,6 @@
 package example.todo.desktop
 
+import androidx.compose.desktop.AppWindow
 import androidx.compose.desktop.DesktopTheme
 import androidx.compose.desktop.Window
 import androidx.compose.foundation.layout.fillMaxSize
@@ -18,6 +19,7 @@ import example.todo.common.root.TodoRoot
 import example.todo.common.ui.TodoRootContent
 import example.todo.database.TodoDatabase
 import kotlinx.coroutines.Dispatchers
+import javax.swing.SwingUtilities
 
 fun main() {
     overrideSchedulers(main = Dispatchers.Main::asScheduler)
diff --git a/examples/widgetsgallery/android/build.gradle.kts b/examples/widgetsgallery/android/build.gradle.kts
index f752a9ce13..2d3ef14095 100644
--- a/examples/widgetsgallery/android/build.gradle.kts
+++ b/examples/widgetsgallery/android/build.gradle.kts
@@ -22,11 +22,5 @@ android {
 
 dependencies {
     implementation(project(":common"))
-    implementation("androidx.activity:activity-compose:1.3.0-alpha02") {
-        exclude(group = "androidx.compose.animation")
-        exclude(group = "androidx.compose.foundation")
-        exclude(group = "androidx.compose.material")
-        exclude(group = "androidx.compose.runtime")
-        exclude(group = "androidx.compose.ui")
-    }
+    implementation("androidx.activity:activity-compose:1.3.0-alpha02")
 }
\ No newline at end of file
diff --git a/examples/widgetsgallery/build.gradle.kts b/examples/widgetsgallery/build.gradle.kts
index 1e6a3e0e53..354dab8361 100644
--- a/examples/widgetsgallery/build.gradle.kts
+++ b/examples/widgetsgallery/build.gradle.kts
@@ -9,7 +9,7 @@ buildscript {
 
     dependencies {
         // __LATEST_COMPOSE_RELEASE_VERSION__
-        classpath("org.jetbrains.compose:compose-gradle-plugin:0.3.0-build154")
+        classpath("org.jetbrains.compose:compose-gradle-plugin:0.3.0-rc1")
         classpath("com.android.tools.build:gradle:4.0.1")
         // __KOTLIN_COMPOSE_VERSION__
         classpath(kotlin("gradle-plugin", version = "1.4.30"))
diff --git a/examples/widgetsgallery/desktop/build.gradle.kts b/examples/widgetsgallery/desktop/build.gradle.kts
index 0f2b000565..0fd8b2e514 100644
--- a/examples/widgetsgallery/desktop/build.gradle.kts
+++ b/examples/widgetsgallery/desktop/build.gradle.kts
@@ -28,6 +28,7 @@ compose.desktop {
         nativeDistributions {
             targetFormats(TargetFormat.Dmg, TargetFormat.Msi, TargetFormat.Deb)
             packageName = "ComposeWidgetsGallery"
+            packageVersion = "1.0.0"
 
             windows {
                 menu = true
diff --git a/gradle-plugins/gradle.properties b/gradle-plugins/gradle.properties
index cec5af933c..c20c2b1908 100644
--- a/gradle-plugins/gradle.properties
+++ b/gradle-plugins/gradle.properties
@@ -6,7 +6,7 @@ kotlin.code.style=official
 # unless overridden by COMPOSE_GRADLE_PLUGIN_COMPOSE_VERSION env var.
 #
 # __LATEST_COMPOSE_RELEASE_VERSION__
-compose.version=0.2.0-build132
+compose.version=0.3.0-rc1
 
 # A version of Gradle plugin, that will be published,
 # unless overridden by COMPOSE_GRADLE_PLUGIN_VERSION env var.
diff --git a/templates/desktop-template/build.gradle.kts b/templates/desktop-template/build.gradle.kts
index 599fde50ec..2d5d660491 100644
--- a/templates/desktop-template/build.gradle.kts
+++ b/templates/desktop-template/build.gradle.kts
@@ -5,7 +5,7 @@ plugins {
     // __KOTLIN_COMPOSE_VERSION__
     kotlin("jvm") version "1.4.30"
     // __LATEST_COMPOSE_RELEASE_VERSION__
-    id("org.jetbrains.compose") version (System.getenv("COMPOSE_TEMPLATE_COMPOSE_VERSION") ?: "0.3.0-build153")
+    id("org.jetbrains.compose") version (System.getenv("COMPOSE_TEMPLATE_COMPOSE_VERSION") ?: "0.3.0-rc1")
 }
 
 repositories {
@@ -24,6 +24,7 @@ compose.desktop {
         nativeDistributions {
             targetFormats(TargetFormat.Dmg, TargetFormat.Msi, TargetFormat.Deb)
             packageName = "KotlinJvmComposeDesktopApplication"
+            packageVersion = "1.0.0"
         }
     }
 }
diff --git a/templates/multiplatform-template/build.gradle.kts b/templates/multiplatform-template/build.gradle.kts
index 09861bfee5..d7bf308e9f 100644
--- a/templates/multiplatform-template/build.gradle.kts
+++ b/templates/multiplatform-template/build.gradle.kts
@@ -1,6 +1,6 @@
 buildscript {
     // __LATEST_COMPOSE_RELEASE_VERSION__
-    val composeVersion = System.getenv("COMPOSE_TEMPLATE_COMPOSE_VERSION") ?: "0.3.0-build150"
+    val composeVersion = System.getenv("COMPOSE_TEMPLATE_COMPOSE_VERSION") ?: "0.3.0-rc1"
 
     repositories {
         // TODO: remove after new build is published
diff --git a/templates/multiplatform-template/desktop/build.gradle.kts b/templates/multiplatform-template/desktop/build.gradle.kts
index f430a77e8d..2a1a7377ff 100644
--- a/templates/multiplatform-template/desktop/build.gradle.kts
+++ b/templates/multiplatform-template/desktop/build.gradle.kts
@@ -27,6 +27,7 @@ compose.desktop {
         nativeDistributions {
             targetFormats(TargetFormat.Dmg, TargetFormat.Msi, TargetFormat.Deb)
             packageName = "KotlinMultiplatformComposeDesktopApplication"
+            packageVersion = "1.0.0"
         }
     }
 }
\ No newline at end of file
diff --git a/tools/replace.sh b/tools/replace.sh
new file mode 100755
index 0000000000..f7f7ef3f77
--- /dev/null
+++ b/tools/replace.sh
@@ -0,0 +1,3 @@
+OLDVER=0.0.0-unmerged-build39
+NEWVER=0.3.0-rc1
+find -E ../  -regex '.*\.(kts|properties|kt)' -exec sed -i '' -e "s/$OLDVER/$NEWVER/g" {} \;