Neltec, Inc. Announces Appointment of RF/Microwave Sales and Business Manager North America

TEMPE, ARIZONA, June 25, 2001… Neltec, Inc., a subsidiary of Park Electrochemical Corp. (NYSE – PKE), announced that Denis Boulanger has joined the company as RF/Microwave Sales and Business Manager North America effective June 25, 2001. Denis will be responsible for achieving successful startup and sales growth of RF/Microwave printed circuit materials in North America. Denis will report to Bob Forcier, President of Neltec, Inc. and Senior Vice President, OEM Marketing and Technology, of Park.

Mr. Boulanger has over twenty years of sales, product manufacturing and engineering experience and over sixteen years in high performance and RF/Microwave materials. Most recently, Denis served as Vice President of New Business Development for Alga Plastics in Cranston, RI. Previously he was employed by Rogers Corporation, Microwave Materials Division. Denis received a Master of Science degree in Manufacturing Engineering from the University of Massachusetts in 1988, a Bachelor of Science degree in Industrial Engineering in 1985 and a Bachelor of Science degree in Accounting in 1978, both from the University of Rhode Island.

Bob Forcier, President of Neltec, Inc. and Senior Vice President, OEM Marketing and Technology of Park said “We are very pleased that Denis Boulanger has joined our company as RF/Microwave Sales and Business Manager North America. Denis brings to this important position a wealth of sales and business development knowledge in RF/Microwave materials and applications. This area of business is growing rapidly as OEM designs are accelerated in the G3, Bluetooth, antenna, power amplifiers and wireless environments. I am very confident that Denis will successfully develop new business for our business unit in Lannemezan, France and for our recently announced RF/Microwave expansion in Tempe, Arizona.”

Certain portions of this news 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 relationship 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 25, 2001.

Park Electrochemical Corp. is a leading global designer and producer of electronic materials used to fabricate complex multilayer printed circuit boards and interconnect systems. Park specializes in advanced materials for high layer count circuit boards and high speed digital broadband telecommunications, internet and networking applications. Park’s electronic materials business operates through fully integrated business units in Asia, Europe and North America. The Company’s major manufacturing facilities are located in Singapore, England, France, Germany, New York, Arizona and California. Park’s electronic materials business operates under the “Nelco” and “Neltec” names.