Perl 4 went through a series of maintenance releases, culminating in Perl 4.036 in 1993. At that point, Wall abandoned Perl 4 to begin work on Perl 5. Initial design of Perl 5 continued into 1994. The perl5-porters mailing list was established in May 1994 to coordinate work on porting Perl 5 to different platforms. It remains the primary forum for development, maintenance, and porting of Perl 5.
Perl 5.000 was released on October 17, 1994. It was a nearly complete rewrite of the interpreter, and it added many new features to the language, including objects, references, lexical (my) variables, and modules. Importantly, modules provided a mechanism for extending the language without modifying the interpreter. This allowed the core interpreter to stabilize, even as it enabled ordinary Perl programmers to add new language features. Perl 5 has been in active development since then.
Perl 5.001 was released on March 13, 1995. Perl 5.002 was released on February 29, 1996 with the new prototypes feature. This allowed module authors to make subroutines that behaved like Perl builtins. Perl 5.003 was released June 25, 1996, as a security release.
One of the most important events in Perl 5 history took place outside of the language proper and was a consequence of its module support.
On October 26, 1995, the Comprehensive Perl Archive Network (CPAN) was established as a repository for Perl modules and Perl itself; as of June 2015, it carries over 150,775 modules in 31,896 distributions, written by more than 12,219 authors, and is mirrored worldwide at more than 253 locations.
Perl 5.004 was released on May 15, 1997, and included among other things the UNIVERSAL package, giving Perl a base object to which all classes were automatically derived and the ability to require versions of modules. Another significant development was the inclusion of the CGI.pm module, which contributed to Perl's popularity as a CGI scripting language.
Perl is also now supported running under Microsoft Windows and several other operating systems.
Perl 5.005 was released on July 22, 1998. This release included several enhancements to the regex engine, new hooks into the backend through the B::* modules, the qr// regex quote operator, a large selection of other new core modules, and added support for several more operating systems, including BeOS.