diff --git a/README.md b/README.md
index 125efb4..400d585 100644
--- a/README.md
+++ b/README.md
@@ -30,13 +30,13 @@ Clients (n8n, Claude Code, Custom Apps)
 │ HTTP/SSE+stdio  │ FastAPI           │
 └─────────────────┴───────────────────┘
     ↓
-Mem0 Core Library (v0.1.118)
+Mem0 Core Library (v1.0.0)
     ↓
-┌─────────────────┬───────────────────┬───────────────────┐
-│ Supabase        │ Neo4j             │ OpenAI            │
-│ Vector Store    │ Graph Store       │ Embeddings+LLM    │
-│ pgvector        │ Cypher Queries    │ text-embedding-3  │
-└─────────────────┴───────────────────┴───────────────────┘
+┌─────────────────┬───────────────────┬──────────────────────┐
+│ Supabase        │ Neo4j 5.28+       │ OpenAI / Ollama      │
+│ Vector Store    │ Graph Store       │ Embeddings+LLM       │
+│ pgvector        │ Cypher Queries    │ Async by default     │
+└─────────────────┴───────────────────┴──────────────────────┘
 ```
 
 ## Quick Start
@@ -250,9 +250,9 @@ t6_mem0_v2/
 
 ## Technology Stack
 
-- **Core**: mem0ai library (v0.1.118+)
+- **Core**: mem0ai library v1.0.0 (async by default, v1.1 API)
 - **Vector DB**: Supabase with pgvector
-- **Graph DB**: Neo4j 5.x
+- **Graph DB**: Neo4j 5.28+
 - **LLM Options**:
   - OpenAI API (GPT-4o-mini, text-embedding-3-small)
   - Ollama (Llama 3.1, Mistral, nomic-embed-text)
@@ -321,11 +321,14 @@ Proprietary - All rights reserved
 ---
 
 **Status**: Phase 2 Complete - Production Ready with Ollama Support
-**Version**: 1.1.1
+**Version**: 1.2.0
 **Last Updated**: 2025-10-16
 
 ## Recent Updates
 
+- **2025-10-16**: ✅ Upgraded to mem0ai v1.0.0 (async by default, v1.1 API, improved retrieval)
+- **2025-10-16**: ✅ Updated Neo4j to 5.28+ (required by langchain-memgraph)
+- **2025-10-16**: ✅ Removed OpenAI version upper limit (now supports OpenAI 2.x)
 - **2025-10-16**: ✅ Fixed timezone configuration (Europe/Prague)
 - **2025-10-16**: ✅ Fixed mem0 library hardcoded US/Pacific timezone
 - **2025-10-16**: ✅ Added missing ollama Python library dependency