Lake Success, New York, October 3, 2001…Park Electrochemical Corp. (NYSE - PKE), announced that Kent Frazer has joined the company as Senior Director Global Marketing and Sales RF/Microwave Materials. Mr. Frazer will be responsible for global marketing and sales of RF/Microwave printed circuit materials manufactured by Neltec, Inc. and Neltec, S.A., Park's high-technology circuitry material business units located in Tempe, Arizona and Lannemezan, France. Mr. Frazer will report to Jay Grover, President of Neltec, Inc.

Mr. Frazer has held sales management positions during the last twenty-five years for Hadco Corporation, Sanmina Corporation, Diceon Electronics Corporation, and Litton Industries, Inc. Most recently, he served as a manufacturing representative for JPD Industries, Inc. in Temecula, California. Previously, he was employed by Sanmina Corporation as the business manager for its business group located in Austin, Texas. Mr. Frazer received a Bachelor of Science degree in Business from Evangel College in Springfield, Missouri.

Jay Grover, President of Neltec, Inc., said, "We are very pleased that Kent Frazer has joined our company as Senior Director Global Marketing and Sales RF/Microwave Materials. Kent brings to this position a wealth of sales, marketing and business development knowledge and experience in the printed circuitry industry. I am confident that Kent will successfully develop and market our RF/Microwave materials on a global basis."

Brian Shore, Park's President and CEO, said, "I am thrilled that Kent Frazer has joined our company and will be leading the global marketing and sales efforts for our RF/Microwave materials product line. Our previously announced expansion of our RF/Microwave materials manufacturing capability into North America is coming along very nicely, and our hiring of Kent Frazer to lead our global RF/Microwave marketing efforts represents another confirmation of our strong commitment to our RF/Microwave business around the world."

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 (operations expected to commence in the Company's third quarter), Germany, France, England, Massachusetts, Connecticut, New York, Arizona and California. Park's electronic materials business operates under the "Nelco" and "Neltec" names.

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