Ability to set a Release that has shipped to an Archive Merged

As we are becoming a long time user of AHA! We are running into a multitude of releases that are showing up in the Release Details View that have been completed for some time. 

Is it possible to add the ability to Archive the Release, much like setting a release to a Parking Lot, when it is shipped for over 6 months?

If not, have the ability to select "Hide from Release Details View" from actions.