diff --git a/README.md b/README.md
index 99889d1..b808f86 100644
--- a/README.md
+++ b/README.md
@@ -1,10 +1,10 @@
-Project Picasso as Functions-on-OpenStack
-=====================================
+Picasso as Functions-on-OpenStack
+=================================
 
 Mission
 -------
 
-Provide capabilities to run software in "serverless" way.
+Picasso provides abstractions for Functions-as-a-Service on OpenStack
 
 Serverless
 ----------
@@ -50,7 +50,7 @@ Quick-start guide
 -----------------
 
 Install DevStack with [IronFunctions enabled](https://github.com/iron-io/functions-devstack-plugin/blob/master/README.rst).
-Pull down [Project Picasso sources](https://github.com/iron-io/project-picasso).
+Pull down [Picasso sources](https://github.com/iron-io/project-picasso).
 
 Create Python3.5 virtualenv:
 
@@ -92,7 +92,7 @@ Once it is finished you will have a console script `picasso-api`:
 
     Usage: picasso-api [OPTIONS]
     
-      Starts an Project Picasso API service
+      Starts Picasso API service
     
     Options:
       --host TEXT                    API service bind host.
@@ -144,7 +144,7 @@ Examining API
 
 In [examples](examples/) folder you can find a script that examines available API endpoints, but this script relays on:
 
-* `PICASSO_API_URL` - Project Picasso API endpoint
+* `PICASSO_API_URL` - Picasso API endpoint
 * `OS_AUTH_URL` - OpenStack Auth URL
 * `OS_PROJECT_ID` - it can be found in OpenStack Dashboard or in CLI
 * `OS_USERNAME` - OpenStack project-aligned username
diff --git a/setup.py b/setup.py
index 5d3f82a..800ba3e 100644
--- a/setup.py
+++ b/setup.py
@@ -22,7 +22,8 @@ def read(fname):
 setuptools.setup(
     name='picasso',
     version='0.0.1',
-    description='Project Picasso as Functions-as-a-Service',
+    description=('Picasso provides abstractions for '
+                 'Functions-as-a-Service on OpenStack'),
     long_description=read('README.md'),
     url='picasso.readthedocs.org',
     author='Denis Makogon',