[February 23, 2015]

Park Electrochemical Corp. Announces Introduction of Meteorwave® 3000 and Meteorwave 4000, the Newest Members of the Meteorwave Product Family

Park Electrochemical Corp. (News - Alert) (NYSE:PKE) announced the introduction of Meteorwave 3000 and Meteorwave 4000, the newest members of the Meteorwave product family and the newest additions to Park's line of Very Low Loss and Ultra Low Loss electronic materials. Meteorwave 3000 and Meteorwave 4000 are available globally in both prepreg and laminate forms.

Meteorwave 3000 and Meteorwave 4000 offer very advanced electrical performance and very high reliability. Meteorwave 3000 has a dissipation factor (Df) of 0.0048 at 10 GHz and 50% resin content (RC) using Open Resonator testing methodology. Meteorwave 4000 has a Df of 0.0028 at 10 GHz and 50% RC using Open Resonator testing methodology. These very advanced electrical properties allow for high signal speed transfers and reduced transmission losses. Meteorwave 3000 and Meteorwave 4000 are designed for multiple high temperature lead-free assembly cycles and high layer count printed circuit board designs which require very high levels of reliability. Meteorwave 3000 and Meteorwave 4000 are highly CAF resistant, high Tg materials with low Z-axis expansion. These materials meet the Meteorwave family UL 94V-0 designatio, 130°C MOT Rating and IPC (News - Alert)-4101/91 and /102 specifications and are RoHS compliant.

For information regarding Meteorwave, including 3000 and 4000, in North and South America, contact Neltec, Inc. at +1-480-967-5600; for information in Europe, the Middle East, and Africa, please contact Neltec SA at +33-562-985290; and for information in Asia and Australia, please contact Nelco Products Pte. Ltd. at +65-686-17117.

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 and aerospace industries, Park's competitive position, the status of Park's relationships with its customers, economic conditions in international markets, the cost and availability of raw materials, transportation and utilities, and the various factors set forth in Item 1A "Risk Factors" and 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 March 2, 2014.

Park Electrochemical Corp. is a global advanced materials company which develops and manufactures high-technology digital and RF/microwave printed circuit materials principally for the telecommunications and internet infrastructure and high-end computing markets and advanced composite materials, parts and assemblies and low-volume tooling for the aerospace markets. Park's core capabilities are in the areas of polymer chemistry formulation and coating technology. The Company's manufacturing facilities are located in Singapore, France, Kansas, Arizona and California. The Company also maintains R & D facilities in Arizona, Kansas and Singapore.

Additional corporate information is available on the Company's website at www.parkelectro.com.

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