<DOCUMENT>
<TYPE>EX-21
<SEQUENCE>4
<FILENAME>parl-x21.txt
<DESCRIPTION>EXHIBIT 21
<TEXT>

                                                               Exhibit 21.1

SUBSIDIARIES OF REGISTRANT
---------------------------------------------------------------------------

The following is a list of the Corporation's subsidiaries as of
June 30, 2002. The Corporation owns, directly or indirectly, 100% of the
voting securities of each subsidiary, unless noted otherwise.

<TABLE>
<CAPTION>

                                        STATE OR JURISDICTION
NAME                                       OF ORGANIZATION
----                                    ---------------------

<s>                                         <c>
Parlex Dynaflex Corporation                 California

Parlex International Corporation            Virgin Islands

Poly-Flex Circuits, Inc.                    Rhode Island

Parlex (Shanghai) Circuit Co., LTD.*        Shanghai

Parlex Asia Pacific LTD.                    Hong Kong

Poly-Flex Circuits Limited                  United Kingdom

Parlex (Europe) Limited                     United Kingdom

Parlex (Shanghai) Interconnect              Shanghai
Products, Co., Ltd.

<FN>
--------------------
*  90.1% owned by Parlex Corporation
<FN>
</TABLE>


<PAGE>


</TEXT>
</DOCUMENT>