diff --git a/etc/scripts/release.sh b/etc/scripts/release.sh
index a743073395b..f0ab5a9d3b1 100755
--- a/etc/scripts/release.sh
+++ b/etc/scripts/release.sh
@@ -1,6 +1,6 @@
 #!/bin/bash
 #
-# Copyright (c) 2018, 2022 Oracle and/or its affiliates.
+# Copyright (c) 2018, 2023 Oracle and/or its affiliates.
 #
 # Licensed under the Apache License, Version 2.0 (the "License");
 # you may not use this file except in compliance with the License.
@@ -121,6 +121,7 @@ update_version(){
     # Hack to update helidon.version
     for pom in `egrep "<helidon.version>.*</helidon.version>" -r . --include pom.xml | cut -d ':' -f 1 | sort | uniq `
     do
+        echo "Updating helidon.version property in ${pom} to ${FULL_VERSION}"
         cat ${pom} | \
             sed -e s@'<helidon.version>.*</helidon.version>'@"<helidon.version>${FULL_VERSION}</helidon.version>"@g \
             > ${pom}.tmp
@@ -130,6 +131,7 @@ update_version(){
     # Hack to update helidon.version in build.gradle files
     for bfile in `egrep "helidonversion = .*" -r . --include build.gradle | cut -d ':' -f 1 | sort | uniq `
     do
+        echo "Updating helidonversion property in ${bfile} to ${FULL_VERSION}"
         cat ${bfile} | \
             sed -e s@'helidonversion = .*'@"helidonversion = \'${FULL_VERSION}\'"@g \
             > ${bfile}.tmp
@@ -139,12 +141,29 @@ update_version(){
     # Hack to update helidon-version in doc files
     for dfile in `egrep ":helidon-version: .*" -r . --include attributes.adoc | cut -d ':' -f 1 | sort | uniq `
     do
+        echo "Updating helidon-version property in ${dfile} to ${FULL_VERSION}"
         cat ${dfile} | \
             sed -e s@':helidon-version: .*'@":helidon-version: ${FULL_VERSION}"@g \
             > ${dfile}.tmp
         mv ${dfile}.tmp ${dfile}
     done
 
+    # Hack to update helidon-version-is-release in doc files
+    # We are a released version if we are not a SNAPSHOT version
+    if [[ ${HELIDON_VERSION} == *-SNAPSHOT ]]; then
+        readonly IS_RELEASED="false"
+    else
+        readonly IS_RELEASED="true"
+    fi
+    for dfile in `egrep ":helidon-version-is-release: .*" -r . --include attributes.adoc | cut -d ':' -f 1 | sort | uniq `
+    do
+        echo "Updating helidon-version-is-release property in ${dfile} to ${IS_RELEASED}"
+        cat ${dfile} | \
+            sed -e s@':helidon-version-is-release: .*'@":helidon-version-is-release: ${IS_RELEASED}"@g \
+            > ${dfile}.tmp
+        mv ${dfile}.tmp ${dfile}
+    done
+
     # Invoke prepare hook
     if [ -n "${PREPARE_HOOKS}" ]; then
         for prepare_hook in ${PREPARE_HOOKS} ; do