LAKE SUCCESS, New York, August 17, 2004 .Park Electrochemical Corp. (NYSE - PKE) today announced the promotion of Freddy Lee to Asia Pacific Director of Product Sales. Mr. Lee will be responsible for the marketing and sales of Park/Nelco's complete advanced substrate materials product line in the Asia Pacific region. He will report to Emily Groehl, Senior Vice President, Marketing and Sales, of Park Electrochemical Corp.
Mr. Lee received a Masters of Business Administration degree from the University of East London.
Commenting on Mr. Lee's promotion, Emily Groehl said "I look forward to working with Freddy in his new position as Asia Pacific Director of Product Sales. Freddy's history in the electronics industry coupled with his experience working with Park/Nelco provide a wonderful foundation for his new role in the company. The continuing growth of the market for high technology products in the Asia Pacific region and the addition of Park/Nelco's upcoming Zhuhai facility make this an extremely important time for Park/Nelco in this part of the world."
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 29, 2004.
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 and RF/Microwave electronic systems. Park also designs and manufactures advanced composite materials for the aerospace, military and industrial markets. The Company's manufacturing facilities are located in Singapore, China, France, Connecticut, New York, Arizona and California.
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