Currently the Exchange Utility allows you to deploy a folder in Outlook that contains a link to Archive Manager.
This is Automatically called Archive Manager
It is not currently possible to change the name of the folder deployed b y this utility
Workaround
There is no workaround except custom scripting. Quest PSO may be able to provide this.
Status
Enhancement Request CR ST63671 has been submitted to Development for consideration in a future release of Archive Manager.