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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.
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