The official Lollipop release schedule for the OnePlus One has finally been announced. The smartphone maker says users can expect to see the next version of CyanogenMod for OnePlus One rolling out over-the-air on or before March 30th.

Meanwhile, the proprietary Lollipop-based OxygenOS is said to be planned for March 27th or earlier. OnePlus says that to prove it’s serious about hitting these targets, the company will give away five of its handsets to fans if it misses a single release deadline.

Earlier this month it was revealed that OnePlus is currently looking to get into a new market besides smartphones, smartwatches, and tablets. The mobile phone maker is also preparing to launch its next-generation OnePlus Two device.

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