diff --git a/README.txt b/README.txt
index 070869f..501fd45 100644
--- a/README.txt
+++ b/README.txt
@@ -18,8 +18,13 @@
images dynamically and automagically.
ImageMagick is free software delivered as a ready-to-run binary distribution
- or as source code that you may freely use, copy, modify, and distribute. Its
- license is compatible with the GPL. It runs on all major operating systems.
+ or as source code that you may freely use, copy, modify, and distribute in
+ both open and proprietary applications. It is distributed under an Apache
+ 2.0-style license, approved by the OSI.
+
+ The ImageMagick development process ensures a stable API and ABI. Before
+ each ImageMagick release, we perform a comprehensive security assessment
+ that includes memory and thread error detection to help prevent exploits.
Features and Capabilities
@@ -37,6 +42,10 @@
* Image identification: describe the format and properties of an image
* Composite: overlap one image over another
* Montage: juxtapose image thumbnails on an image canvas
+ * Generalized pixel distortion: correct for, or induce image distortions
+ including perspective.
+ * Morphology of shapes: extract features, describe shapes and recognize
+ patterns in images.
* Motion picture support: read and write the common image formats used in
digital film work
* Image calculator: apply a mathematical expression to an image or image