Park Electrochemical Announces Election Of John Jongebloed As Senior Vice President Of Global Logistics

LAKE SUCCESS, New York, July 19, 2001…..Park Electrochemical Corp. (NYSE – PKE) today announced the election of John Jongebloed as Senior Vice President, Global Logistics for the Company. Mr. Jongebloed will continue to serve as President of New England Laminates Co., Inc. (“Nelco New York“), Park’s high technology volume printed circuit material business unit located in Newburgh, New York. Mr. Jongebloed has served as Vice President of Global Logistics for the Company since April, 2000. In his capacity as Senior Vice President, Global Logistics, Mr. Jongebloed is responsible for leading the global logistics function for the Company’s business throughout North America, Europe and Asia. The Company’s materials and information technology functions have been incorporated into the global logistics function and, as a result, Mr. Jongebloed will also lead the Company’s worldwide materials and information technology functions.

John Jongebloed originally joined the Company in 1989 as the Controller of Nelco New York, and served in that capacity until 1991, at which time he became a Director of Operations for Nelco New York. Mr. Jongebloed served in that capacity until 1992, at which time he was elected as Vice President and General Manager of Nelco New York. In May, 1999, Mr. Jongebloed was elected as the President of Nelco New York and continues to serve in that capacity. As previously stated, Mr. Jongebloed was also appointed as Vice President of Global Logistics in April, 2000. Prior to joining the Company in 1989, Mr. Jongebloed served as Division Controller of Materials Research Corp. located in Orangeburg, New York. Mr. Jongebloed received a bachelor’s degree in accounting from Iona College in 1978.

Commenting on this announcement, Brian Shore, Park’s President and CEO, said, “I am so very pleased to announce the election of John Jongebloed as a Senior Vice President of our company. John has certainly emerged as a very prominent company leader over the last two years, and we are fortunate to have John in our company. I am also very pleased that John is now leading our information technology function, as I believe this will help pull information technology into the very center of our business and enable information technology to become a more essential component of our company’s strategy.”

Park Electrochemical Corp. is a leading global designer and producer of electronic materials used to fabricate complex multilayer printed circuit boards and interconnection 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 manufacturing facilities are located in Singapore, China (operations expected to commence in the Company’s third quarter), Germany, France, England, Massachusetts, Connecticut, New York, Arizona and California. Park’s electronic materials business operates under the “Nelco” name.