SOURCE: Unico, Inc.

November 15, 2007 09:11 ET

Unico, Inc. Announces Additional Progress of Reconstruction Work and Equipment Testing at the Mill and Processing Facility at the Deer Trail Mine

SAN DIEGO, CA--(Marketwire - November 15, 2007) - Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced additional progress of reconstruction work and equipment testing at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah.

A new photo gallery showing the reconstruction work is expected to be added to the Media section of the Unico website, http://www.unicomining.com, in the next several days.

The new WEG Electric (http://www.wegelectric.com/) 250-horsepower motor that was purchased to replace the motor previously installed on the ball mill has been delivered and installed in the mill. The efficiency rating of the new motor is 94.7% compared to that of the old motor, which was rated at 79%, allowing the overall cost of operating the mill to be drastically reduced.

The new Mitsubishi variable frequency drive (VFD) that was located and purchased to replace the General Electric synchronous motor controller is now installed. The new variable frequency drive will allow Deer Trail Mining Company's metallurgist Edgar Blanco to adjust the speed of the mill to help optimize the rate of which each ore can be ground. A dramatic power savings is expected by installing the variable frequency drive, as it adjusts the outgoing frequency and voltage during starting and stopping of the ball mill.

The Mitsubishi variable frequency drive is fully computer integrated, allowing all of the perimeters including horsepower, amperage and revolutions per minute to be monitored and adjusted at any given time from a centralized computer located in the mill control room.

Both the motor and variable frequency drive were initially started up and programmed by Energy Management Corporation (http://www.emcsolutions.com/) of Salt Lake City.

Start-up testing of the ball mill with the new motor and variable frequency drive is scheduled to begin today.

The conveyor belts leading up to the fine ore bin have been correctly timed to operate in sequence. A test run of material up the belts is also scheduled to begin today, which will allow for checks of the newly installed belt and hoppers that feed into the ball mill.

A laboratory addition has been built that more than doubles the size of the laboratory in order to meet the expanding need for onsite analysis for both underground activities and operations at the mill facility. In addition to the analytical work, the laboratory is being used for the preparation of samples for start-up testing at the mill. Concrete walkways leading from the mill to the laboratory have been completed. This will allow safe travel during the winter months for the laboratory personal while they are sampling and making adjustments in the mill.

The metal exterior of the mill buildings have now been completely coated with textured elastomeric paint to protect the exterior of the buildings from the elements and help to minimize future maintenance.

"We are pleased to report additional reconstruction progress including further equipment testing at the mill and processing facility at the Deer Trail Mine," stated Mark A. Lopez, chief executive officer of Unico, Inc. "We look forward to completing the remaining reconstruction work, including additional electrical connections and more testing of equipment at the facility, so that processing operations can be initiated at the facility. The main priority on site right now is getting the mill up and running, and we are anxious to make that happen as soon as possible."

Unico recently completed the purchase of the Deer Trail Mine for its Deer Trail Mining Company subsidiary.

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About Unico, Inc.

Unico, Inc. (OTCBB: UCOI) is a publicly traded natural resource company in the precious metals mining sector that is focused on the exploration, development and production of gold, silver, lead, zinc, and copper concentrates at its three mine properties: the Deer Trail Mine, the Bromide Basin Mine and the Silver Bell Mine. The company has also announced agreements to acquire over 70 additional mining claims. Recently, Unico announced that its wholly owned Deer Trail Mining Company subsidiary had completed the purchase of the Deer Trail Mine from Crown Mines, LLC. For more information, please visit www.unicomining.com.

Forward-Looking Statements

This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and such Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operation results to vary significantly from those in prior periods, and those projected in forward-looking statements. Information with respect to these factors, which could materially affect the company and its operations, are included on certain forms the company files with the Securities and Exchange Commission.

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