diff --git a/.gitignore b/.gitignore
index 9f48aa73b..ac2c46917 100644
--- a/.gitignore
+++ b/.gitignore
@@ -14,4 +14,5 @@ perf/*
 
 .DS_Store
 npm-debug.log
-node_modules
\ No newline at end of file
+node_modules
+dist
\ No newline at end of file
diff --git a/Gruntfile.js b/Gruntfile.js
index c8cfbe7d1..220f7c567 100644
--- a/Gruntfile.js
+++ b/Gruntfile.js
@@ -27,6 +27,10 @@ module.exports = function(grunt) {
             debug: './build/output/knockout-latest.debug.js',
             min: './build/output/knockout-latest.js'
         },
+        dist: {
+            debug: './dist/knockout.debug.js',
+            min: './dist/knockout.js'
+        },
         test: {
             phantomjs: 'spec/runner.phantom.js',
             node: 'spec/runner.node.js'
@@ -147,6 +151,29 @@ module.exports = function(grunt) {
         );
     });
 
+    grunt.registerTask('dist', ['clean'], function() {
+        // Update the version in bower.json
+        var bowerConfig = grunt.file.readJSON('bower.json'),
+            version = grunt.config('pkg.version');
+        bowerConfig.version = version;
+        grunt.file.write('bower.json', JSON.stringify(bowerConfig, true, 2));
+
+        var buildConfig = grunt.config('build'),
+            distConfig = grunt.config('dist');
+        grunt.file.copy(buildConfig.debug, distConfig.debug);
+        grunt.file.copy(buildConfig.min, distConfig.min);
+
+        console.log('To publish, run:');
+        console.log('    git add bower.json');
+        console.log('    git add -f ' + distConfig.debug);
+        console.log('    git add -f ' + distConfig.min);
+        console.log('    git checkout head');
+        console.log('    git commit -m \'Version ' + version + ' for distribution\'');
+        console.log('    git tag -a v' + version + ' -m \'Add tag v' + version + '\'');
+        console.log('    git checkout master');
+        console.log('    git push origin --tags');
+    });
+
     // Default task.
     grunt.registerTask('default', ['clean', 'checktrailingspaces', 'build', 'test']);
 };
diff --git a/bower.json b/bower.json
new file mode 100644
index 000000000..e7c18dc11
--- /dev/null
+++ b/bower.json
@@ -0,0 +1,26 @@
+{
+  "name": "knockout",
+  "version": "3.2.0-alpha",
+  "homepage": "http://knockoutjs.com/",
+  "description": "Knockout makes it easier to create rich, responsive UIs with JavaScript",
+  "main": "dist/knockout.js",
+  "moduleType": [
+    "amd",
+    "globals",
+    "node"
+  ],
+  "keywords": [
+    "knockout",
+    "mvvm",
+    "mvc",
+    "spa"
+  ],
+  "license": "MIT",
+  "ignore": [
+    "**/.*",
+    "node_modules",
+    "bower_components",
+    "spec",
+    "build/output"
+  ]
+}
\ No newline at end of file
diff --git a/package.json b/package.json
index 0532aefe1..816a75d5b 100644
--- a/package.json
+++ b/package.json
@@ -2,7 +2,7 @@
   "name": "knockout",
   "description": "Knockout makes it easier to create rich, responsive UIs with JavaScript",
   "homepage": "http://knockoutjs.com/",
-  "version": "3.1.0",
+  "version": "3.2.0-alpha",
   "license": "MIT",
   "author": "The Knockout.js team",
   "main": "build/output/knockout-latest.debug.js",