PARK ELECTROCHEMICAL CORP. ANNOUNCES THE CHANGE OF THE NAME OF ITS ADVANCED COMPOSITE MATERIALS BUSINESS TO “NELCOTE, INC.”

Melville, New York, April 28, 2006….Park Electrochemical Corp. (NYSE – PKE) announced the change of the name of its advanced composite materials business from “FiberCote Industries, Inc.” to “Nelcote, Inc.”. Consistent with this name change, Park’s advanced composite materials product line will now be sold under the Nelcote™ trade name.

Brian Shore, Park’s President and CEO, said, “We chose the new Nelcote™ name to signify the unification of the Park Electrochemical Advanced Materials businesses and product lines under the Nelco®, Neltec® and now Nelcote™ names. This name change is also intended to signify that we are placing the full weight of Park Electrochemical Corp. and its resources into the development of our Nelcote™ advanced composite materials product line and business principally for aerospace applications. Our Nelcote™ product line and business are now central and integral parts of our global Advanced Material business.”

Certain portions of this press release may be deemed to constitute forward looking statements that are subject to various factors which could cause actual results to differ materially from Park’s expectations. Such factors include, but are not limited to, general conditions in the electronics industry, Park’s competitive position, the status of Park’s relationships with its customers, economic conditions in international markets, the cost and availability of utilities, and the various factors set forth under the caption “Factors That May Affect Future Results” after Item 7 of Park’s Annual Report on Form 10-K for the fiscal year ended February 27, 2005.

Park Electrochemical Corp. is a global advanced materials company which develops and manufactures high-technology digital and RF/microwave printed circuit materials and advanced composite materials for the electronics, military, aerospace, wireless communication, specialty and industrial markets. The Company’s manufacturing facilities are located in Singapore, China (currently under construction), France (two facilities), Connecticut, New York, Arizona and California. The Company operates under the Nelcote™, Nelco® and Neltec® names.