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This version introduced a new versioning system for the Java language, although the old versioning system continued to be used for developer libraries: Both version numbers "1.5.0" and "5.0" are used to identify this release of the Java 2 Platform Standard Edition. Version "5.0" is the product version, while "1.5.0" is the developer version.
The software release life cycle is the process of developing, testing, and distributing a software product (e.g., an operating system).It typically consists of several stages, such as pre-alpha, alpha, beta, and release candidate, before the final version, or "gold", is released to the public.