diff --git a/create-new-release.sh b/create-new-release.sh
new file mode 100644
index 000000000..a422c9117
--- /dev/null
+++ b/create-new-release.sh
@@ -0,0 +1,72 @@
+#!/bin/bash
+
+echo "Hello from the create-new-release.sh script!"
+echo $(date)
+
+# Set variables to the positional parameters
+OLD_VERSION=$1
+NEW_VERSION=$2
+BUILD_LABEL=$3
+
+# See if NEW_VERSION and OLD_VERSION fit expected pattern.
+if [[ $OLD_VERSION =~ 2[3-9]\.0\.0\.[0-9]+ && $NEW_VERSION =~ 2[3-9]\.0\.0\.[0-9]+ ]];
+then
+   echo "$OLD_VERSION and $NEW_VERSION matches expected version format."
+else
+   echo "Either $OLD_VERSION or $NEW_VERSION does not fit expected version format."
+   exit 1;
+fi
+
+# Get last digit of old version
+OLD_SHORT_VERSION=${OLD_VERSION:7}
+
+echo "OLD_VERSION = $OLD_VERSION"
+echo "NEW_VERSION = $NEW_VERSION"
+echo "BUILD_LABEL = $BUILD_LABEL"
+echo "OLD_SHORT_VERSION = $OLD_SHORT_VERSION"
+
+echo "Copying latest files to $NEW_VERSION"
+cp -r ./ga/latest ./ga/$NEW_VERSION
+
+# Perform the substitutions in both latest and $NEW_VERSION directories.
+for file in $(find ./ga/latest ./ga/$NEW_VERSION -name Dockerfile.*); do
+   echo "Processing $file";
+
+   sed -i'.bak' -e "s/$OLD_VERSION/$NEW_VERSION/" $file;
+   sed -i'.bak' -e "s/ARG LIBERTY_BUILD_LABEL=.*/ARG LIBERTY_BUILD_LABEL=$BUILD_LABEL/g" $file;
+
+   # Do these substitutions only in $NEW_VERSION, not latest.
+   if [[ "$file" == "./ga/$NEW_VERSION/"* ]];
+   then
+      sed -i'.bak' -e "s/ARG PARENT_IMAGE=icr.io\/appcafe\/websphere-liberty:kernel/ARG PARENT_IMAGE=icr.io\/appcafe\/websphere-liberty:$NEW_VERSION-kernel/g" $file;
+      sed -i'.bak' -e "s/FROM websphere-liberty:kernel/FROM websphere-liberty:$NEW_VERSION-kernel/g" $file;
+   fi
+   
+   # Clean up temp files
+   rm $file.bak
+
+done
+
+# Update the .travis.yml file.
+sed -i'.bak' -e "s/RELEASE=\.\.\/ga\/$OLD_VERSION/RELEASE=\.\.\/ga\/$NEW_VERSION/" ./.travis.yml;
+rm ./.travis.yml.bak;
+
+# Update the images.txt file
+cp ./ga/$OLD_VERSION/images.txt ./ga/$NEW_VERSION/images.txt;
+sed -i'.bak' -e "s/$OLD_VERSION/$NEW_VERSION/g" ./ga/$NEW_VERSION/images.txt;
+rm ./ga/$NEW_VERSION/images.txt.bak;
+
+if [[ $(( $OLD_SHORT_VERSION % 3 )) -eq 0 ]]
+  then
+      :
+  else
+      rm -rf ./ga/$OLD_VERSION
+  fi
+
+# Finally, comment out "ga/*/*/resources/*" in .gitignore so
+# newly created $NEW_VERSION/full/resources and $NEW_VERSION/kernel/resources 
+# directories can be committed and pushed.
+sed -i'.bak' -e "s/ga\/\*\/\*\/resources\/\*/#ga\/\*\/\*\/resources\/\*/g" .gitignore
+rm ./.gitignore.bak
+
+echo "Done performing file updates.";