Park Electrochemical Announces North American Manufacturing of its N4000-7 and N4000-7 SI CAF Resistant FR-4 Epoxy Materials

Lake Success, New York, February 6, 2002… Park Electrochemical Corp. (NYSE – PKE) announced that its N4000-7 FR-4 dielectric substrate system is now available in North America with manufacturing of Park’s N4000-7 series of laminate and prepreg materials at Park’s Nelco business units in California and New York. The N4000-7 materials have previously been available only through Park’s Nelco Products Pte. Ltd. business unit in Singapore.

The N4000-7 series of laminate and prepreg materials is designed to bridge the gap between existing high-Tg materials and the printed circuit board manufacturers’ need for a conductive anodic filament (“CAF”) resistant, dimensionally stable material that is more cost-effective and easier to process. Park’s N4000-7 materials are designed for use in a broad-range of printed circuit board applications requiring low Z-axis expansion, excellent thermal stability and superior hole-wall integrity. Current applications for N4000-7 include high-layer count backplanes and high-density interconnect structures. Park also offers its SI™ option for its N4000-7 material, which provides enhanced electrical properties, allowing N4000-7 to be specified for certain high-speed, mission-critical telecommunications applications.

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 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.