One of the most important decisions related to the efficient management of testing phase of software development life cycle is to determine when to stop testing and release the software in the market. Most of the testing processes are imperfect once. In this paper first we have discussed an optimal release time problem for an imperfect faultdebugging model due to Kapur et al considering effect of perfect and imperfect debugging separately on the total expected software cost. Next, we proposed a SRGM incorporating the effect of imperfect fault debugging and error generation. The proposed model is validated on a data set cited in literature and a release time problem is formulated minimizing the expected cost subject to a minimum reliability level to be achieved by the release time using the proposed model. Solution method is discussed to solve such class of problem. A numerical illustration is given for both type of release problem and finally a sensitivity analysis is performed
