PARK ELECTROCHEMICAL CORP. ANNOUNCES PROPOSED RESTRUCTURING OF ITS NELTEC EUROPE BUSINESS UNIT LOCATED IN MIREBEAU, FRANCE

Melville, New York, August 29, 2007…..Park Electrochemical Corp. (NYSE – PKE) announced that Neltec Europe SAS, Park’s electronic materials business unit located in Mirebeau, France, is proposing to restructure its operations and to reduce its workforce and has commenced an information and consultation process with its employees regarding the proposed restructuring and workforce reduction in accordance with French law. More…