The term 'First Release' signifies the initial public availability of a product, marking its official introduction to the market. In software development, this is often referred to as the 'initial release,' indicating that the product is now accessible to users for the first time. This milestone typically includes basic functionality and may undergo further updates and enhancements in subsequent releases. ([amazingalgorithms.com](https://amazingalgorithms.com/definitions/initial-release/?utm_source=openai))