Exhibit 99.1
PARK ELECTROCHEMICAL CORP.                            NEWS RELEASE
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Contact:  Linda Lagnese                      48 South Service Road
          	                                    Melville, NY 11747
                                                    (631) 465-3600



PARK ELECTROCHEMICAL CORP. ANNOUNCES PROPOSED RESTRUCTURING OF ITS
      NELTEC EUROPE BUSINESS UNIT LOCATED IN MIREBEAU, FRANCE

Melville,  New York, August 29, 2007...Park Electrochemical  Corp.
(NYSE  -  PKE) announced that Neltec Europe SAS, Park's electronic
materials  business unit located in Mirebeau, France, is proposing
to  restructure its operations and to reduce its workforce and has
commenced  an  information  and  consultation  process  with   its
employees  regarding  the  proposed  restructuring  and  workforce
reduction  in  accordance with French law. Neltec  Europe  SAS  is
proposing the restructuring and workforce reduction in response to
the continuing erosion of the markets for electronic materials  in
Europe and the continuing migration of such markets to Asia.

If   the  proposed  restructuring  and  workforce  reduction   are
implemented, the Company would expect to record a one-time  charge
of  approximately  $1.5  million in  the  fourth  quarter  of  the
Company's  current fiscal year ending March 2, 2008.  The  Company
expects  Neltec  Europe  SAS to continue to  support  all  of  its
existing  customers if the proposed restructuring is  implemented.
The  proposed restructuring plan does not contemplate the loss  of
any  business  by  Neltec Europe SAS.  The proposed  restructuring
will  not  affect  Park's  Neltec  SA  business  unit  located  in
Lannemezan, France.

Certain  portion 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 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
February 25, 2007.

Park Electrochemical Corp. is a global advanced materials company
which develops and  manufactures high-technology digital and
RF/microwave printed circuit materials (the Nelco(registered)
product line)and advanced composite materials (the Nelcote
(trademark) product line)principally for the telecommunications and
internet infrastructure, high-end computing and aerospace markets.
Park focuses on the general aviation aircraft segment of the aerospace
market. Park's core capabilities are in the areas of polymer
chemistry formulation and coating technology. The Company's
manufacturing facilities are located in Singapore, China, France,
Connecticut, New York, Arizona and California. In addition, as
recently announced, the Company plans to construct a new facility
in Newton, Kansas.

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

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