Got this email from support a few days ago, after i had asked about what happens with one year free update..
"Thanks for your email. As was already stated back at the start of the year, we're currently working hard to finish up the last remaining items for the version 5 update. We haven't announced any changes to the 1 year of included updates at this time.
I'll be passing your feedback along to our management team.
Regards,
~Simplify3D Support"