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Parlex Corporation Announces Third Quarter/FY2003 Conference Call

May 14, 2003

METHUEN, Mass.--May 9, 2003--Parlex Corporation (NASDAQ: PRLX), a world leader in the design and manufacture of flexible interconnect products, plans to announce earnings for its third quarter FY2003 ending March 30, 2003. Parlex will publish these results after the close of trading on Tuesday, May 13, 2003.

All interested parties are invited to participate in Parlex's quarterly teleconference, which will be held on Wednesday, May 14, 2003 at 10:00 AM Eastern Time. Peter Murphy, President and CEO, and Jon Kosheff, CFO will comment on relevant issues, review the financial results and then respond to questions.

To participate in the conference, dial 800-475-2151 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 http://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).

About Parlex Corporation

Parlex Corporation is a world leader in the design and manufacture of flexible interconnect products. Parlex produces custom flexible circuits and laminated cables utilizing proprietary processes and patented technologies, which are designed to satisfy the unique requirements of a wide range of customers. Its manufacturing facilities are located in the United States, China, Mexico and the United Kingdom. For more information visit 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.

NASDAQ SYMBOL "PRLX"

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