Parlex Invites You to Join Its Third Quarter/FY2002 Conference Call; Friday, May 10, 2002, At 10:00 a.m. ET

    METHUEN, Mass.--April 12, 2002--Parlex Corporation (NASD:PRLX), a world leader in the design and manufacture of flexible interconnect products, plans to announce earnings for its third quarter ending March 31, 2002. Parlex will publish these results after the close of trading on Thursday, May 9th.
    All interested parties are invited to participate in Parlex quarterly teleconference, which will be held on Friday, May 10, 2002 at 10:00AM Eastern Time. Peter Murphy, President and CEO, and Bob Rieth, CFO will comment on relevant issues, review the financial results and then respond to questions.
    To participate in the conference, dial 888/791-6345 and ask for the Parlex Quarterly Conference. This call is being webcast by CCBN and can also be accessed at Parlex Corporation's web site at www.parlex.com by clicking on "investor Info" on the home page. For those unable to participate during the live conference call, the conference will be archived at the Parlex Corporation website (http://www.parlex.com).

    The foregoing contains certain forward-looking statements. The Company's actual results of operations may differ significantly from those contemplated by such forward-looking statements as a result of various factors beyond its control, including economic conditions in the electronics industry, particularly in the principal industry sectors served by the Company, changes in customer requirements and in the volume of sales to principal customers, competition and technological change. For a detailed discussion of these and other cautionary statements, please refer to Parlex's filings with the Securities and Exchange Commission.