Park Electrochemical Corp. Announces Appointment of Commercial Director of European Business Unit and Co-Managing Director of Dielektra GmbH

LAKE SUCCESS, New York, October 3, 2000…Park Electrochemical Corp. (NYSE-PKE) announced the appointment of Reinhard Bartusek as Commercial Director of Nelco/Dielektra Europe, the company’s European business unit. Nelco/Dielektra Europe includes the following subsidiaries of the company: New England Laminates (UK) Ltd. located in Skelmersdale, England, Nelco, S.A. located in Mirebeau, France, and Dielektra GmbH located in Cologne, Germany. Mr. Bartusek will report to Clive Hepplestone, Managing Director of Nelco/Dielektra Europe and Vice President of Park Electrochemical Corp. Mr. Bartusek will also serve as Co-Managing Director of Dielektra GmbH, along with Mr. Ronald Brett, the current Managing Director of Dielektra GmbH. As Managing Director of Dielektra GmbH, Mr. Brett will continue to be responsible for the operations of that subsidiary.

Mr. Bartusek has had extensive experience over many years in the printed circuit board industry and printed circuit board supply industry. Mr. Bartusek worked for the printed circuit manufacturing unit of IBM Germany GmbH in Sindelfingen, Germany from 1973 to 1996. Mr. Bartusek held positions at IBM Germany in quality, engineering and line management, including plant manager of the Sindelfingen PCB manufacturing plant. Mr. Bartusek also worked at IBM in Endicott, New York as a Liaison Engineer for the new advanced printed circuit line. In 1996, Mr. Bartusek joined LeaRonal GmbH as Manager of the Printed Circuit Profit Center and was later appointed Managing Director of LeaRonal GmbH. Prior to joining IBM, Mr. Bartusek held engineering and sales positions at the Siemens AG printed circuit board plant in Munich, Germany and the LPW AG metal plating plant in Bernhausen, Germany. Mr. Bartusek received his professional engineering degree in 1970 from Fachhochschule Aalen.

Brian Shore, Park’s President and CEO, said, “I am sure I am speaking for the entire Nelco/Dielektra Europe leadership team in saying that we are all very pleased that a man of Reinhard’s caliber has elected to join our company as Commercial Director of Nelco/Dielektra Europe and as Co-Managing Director of Dielektra GmbH. Reinhard is a terrific edition to the team.”

Clive Hepplestone, Managing Director of Nelco/Dielektra Europe, said, “I am extremely pleased that Reinhard Bartusek has joined our company as the Commercial Director for all of Nelco/Dielektra Europe! Nelco/Dielektra Europe is at a pivotal time in its history with tremendous market opportunities, particularly in the area of new technology. Based upon Reinhard’s extensive and deep experience in the European electronics industry, I am very optimistic about our ability to successfully exploit the exciting market opportunities in Europe.”

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, 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 27, 2000.

Park Electrochemical Corp. is a leading designer and producer of advanced electronic materials used to fabricate complex multilayer printed circuit boards and interconnection systems. Park’s electronic materials business operates under the “Nelco” name. Park also manufactures specialty adhesive tapes and advanced composite materials for the electronics, aerospace and industrial markets.