Can we create a new folder inside a standard deploy folder in JBoss?

Can we create a new folder inside a standard deploy folder in JBoss?

I have several libraries that our project requires. I would like to
separate our projects with other existing jar/war/ear files that already
exist in Jboss server/default/deploy folder.
I am thinking of creating a new folder inside that deploy folder and
putting all our project files/dependency jars in that.
Does JBoss pick them up automatically? If not, what is the setting to tell
JBoss to pick up the files in that folder?
Jboss version 4.2.2-GA.
Thanks!