Park Electrochemical Announces a New Dielectric Offering For The N9000-13 RF Materials

Lake Success, New York, October 22, 2003… Park Electrochemical Corp. (NYSE – PKE) announced that it now offers the N9000-13 RF PTFE performance blended laminate material with a dielectric constant of 3.38. This new substrate option was developed to meet industry demands for a material that will drop in to many existing designs. This material meets or exceeds required electrical parameters and has a UL 94 V-0 designation under the N9000-13 RF name. It performs exceptionally well in low noise amplifier and personal repeater applications and is available globally with manufacturing at Park’s Neltec business unit in Tempe, Arizona.

The N9000-13 RF laminates provide the RF and microwave industry with the mechanical stability of an FR-4 material and the electrical properties of a PTFE material which is required for high-frequency, low-loss applications. N9000-13 RF is available in dielectric constants of 3.0, 3.2, 3.38 and 3.5 and a variety of core thicknesses offering flexible drop-in solutions for existing and upcoming designs.

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 March 2, 2003.

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, Connecticut, New York, Arizona and California. Park’s electronic materials business operates under the “Nelco” and “Neltec” names.