Lake Success, New York, August 19, 2003....Park Electrochemical Corp. (NYSE - PKE) announced the election of Steven P. Schaefer to the position of Senior Vice President, Technology. In his new position, Mr. Schaefer will be responsible for the company's research and development efforts, and he will continue to lead the company's new products function. In his new position, Mr. Schaefer will report to Brian Shore, Park's President and CEO.

Mr. Schaefer previously served as Vice President of Business Development and as Senior Director of Product Technology for Park and has been employed by the company since January 2001.

Prior to joining Park Electrochemical Corp., Mr. Schaefer held the position of Director of Sales and Marketing for OMG Fidelity. He has held a variety of senior level positions in the electronics industry for the past nineteen years, predominantly in printed wiring board fabrication. Mr. Schaefer received a Bachelor of Science degree in Chemistry in 1983 from The State University of New York.

Brian Shore, Park's President and CEO, said, "We are very pleased that Steve is taking on this new and critical leadership role for the company. Steve has been one of our real success stories, and we believe he will make a major impact on the company's future in this new elevated position."

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, Connecticut, New York, Arizona and California. Park's electronic materials business operates under the "Nelco" name.

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