diff --git a/README.md b/README.md
index 813fbd43..217d2ef4 100644
--- a/README.md
+++ b/README.md
@@ -1,7 +1,9 @@
 de.uni-kl.ems.dram.vp.system
 ============================
 
-Generic DRAM controller simulator **DRAMSys** [1] and related tools.
+**DRAMSys** [1] is a flexible DRAM subsystem design space exploration
+framework that consists of models reflecting the DRAM functionality, power
+consumption, temperature behaviour and retention time errors.
 
 ## Basic Setup
 
@@ -57,6 +59,90 @@ $ git merge upstream/master
 $ git push origin HEAD
 ```
 
+### Dependencies
+
+Make sure you have properly installed in your system the required libraries.
+They are:
+
+- SystemC 2.3.1 and TLM 2.0
+
+  The sources can be downloaded from http://accellera.org/downloads/standards/systemc.
+
+  For installation instructions see the installation notes file contained in
+  the release package.
+
+- qwt-6.1.3
+
+  ```bash
+  $ svn checkout svn://svn.code.sf.net/p/qwt/code/branches/qwt-6.1
+  $ cd qwt-6.1
+  $ qmake qwt.pro
+  $ make
+  $ sudo make install
+  ```
+
+  For further information refer to http://qwt.sourceforge.net/
+
+- python3.4
+
+  In Debian like distros:
+  
+  ```bash
+  $ sudo apt-get install python3.4
+  ```
+
+- libboost_filesystem and libboost_system
+
+  In Debian like distros:
+  
+  ```bash
+  $ sudo apt-get install libboost-all-dev
+  ```
+
+- Others
+   
+  Some basic libraries may be already installed in your system. If not you can
+  install the following packages or equivalent ones for your distro. In Debian
+  like distros:
+
+  ```bash
+  $ sudo apt-get install libc6
+  $ sudo apt-get install libstdc++6
+  $ sudo apt-get install sqlite3
+  $ sudo apt-get install libsqlite3-dev
+  $ sudo apt-get install libqt5gui5
+  $ sudo apt-get install libqt5sql5
+  $ sudo apt-get install libqt5widgets5
+  $ sudo apt-get install libqt5core5a
+  ```
+
+To grant flexibility to the user the paths where to find some essential
+libraries and headers can be specified with environment variables. You can add
+such variables to you ~/.bashrc file or equivalent.
+
+```bash
+# SystemC home and target architecture
+export SYSTEMC_HOME=<path>
+export SYSTEMC_TARGET_ARCH=<[linux,linux64]>
+
+# DRAMSys libraries and headers
+export PYTHON_HOME=<path>
+export PYTHON_HEADERS=<path>
+export LIBQWT_HOME=<path>
+export LIBQWT_HEADERS=<path>
+export LIBBOOST_HOME=<path>
+export LIBBOOST_HEADERS=<path>
+```
+
+Users interested in thermal simulation can also add some extra environment
+variables:
+
+```bash
+# Necessary for thermal simulation
+export LIBTHREED_ICE_HOME=<path>
+export LIBSUPERLU_HOME=<path>
+```
+
 ### Buiding with QTCreator
 Execute the *QTCreator*.