Park Electrochemical Announces Election of Steven Garrette as President of Park’s FiberCote Industries, Inc. Business Unit Lake Success, New York, November 8, 2001 – Park Electrochemical Corp. (NYSE-PKE) announced the election of Steven L. Garrette as the President of FiberCote Industries, Inc., Park’s advanced composite materials business unit located in Waterbury, Connecticut. Mr. Garrette succeeds John W. Brooks, Jr., who had served as the President of FiberCote Industries since June 1994. Mr. Garrette has fifteen years of manufacturing, sales and management experience in the composite materials industry. Mr. Garrette joined FiberCote Industries as Director of Operations in June 2000. Before joining FiberCote Industries, Mr. Garrette was manufacturing manager of Hermes Abrasives Ltd. in Virginia Beach, Virginia from June 1999 to June 2000, adhesives manufacturing manager of Cytec Fiberite, Inc. in Harve de Grace, Maryland from October 1997 to June 1999, accounts manager at Fiberite, Inc. in Virginia from 1995 to 1997, and he held various operating positions with ICI Fiberite in Greenville, Texas from 1987 to 1995. Mr. Garrette has a Bachelor of Science Degree in Mechanical Engineering from Virginia Polytechnic Institute. Brian Shore, Park’s President and CEO, said, “I am very pleased that Steve Garrette will be serving as the new President of our FiberCote business unit. I am personally looking forward to working with Steve in his new capacity as the leader of our FiberCote 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 25, 2001. 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, Germany, France, England, Massachusetts, Connecticut, New York, Arizona and California. Park’s electronic materials business operates under the ‘Nelco’ name. Additional corporate information is available on the World Wide Web at www.parkelectro.com and www.parkelectro.com.
