SOURCE: Unico, Inc.

Unico, Inc.

January 27, 2010 09:05 ET

Unico, Inc. Announces the Creation of New Board Committees to Take the Company in New Directions

Finance, Compensation and Research, Technical and Operations Committees Are Created to Improve, Strengthen and Expand the Productivity and Efficiency of Targeted Areas

SAN DIEGO, CA--(Marketwire - January 27, 2010) - Unico, Incorporated (OTCBB: UNCO), a natural resource company in the precious metals mining sector, today announced that the Board of Directors recently met in Salt Lake City, Utah. Approved at the Board meeting was creation of three committees: Finance, Compensation and Research, Technical and Operations.

The Finance Committee was formed to address the company's short and long term financing needs as well as to strengthen the company's investor relations program. The Finance Committee is chaired by Board member David Gillespie, a former vice president of Duke Energy who has significant public corporation financing and investor relations expertise.

The Compensation Committee has been formed to ensure that employee and Board member compensation better aligns with shareholder interests. The Compensation Committee is chaired by Dr. Edward E. Winders, who is also Unico's Chairman of the Board. Dr. Winders has been chairman, president and CEO of several successful enterprises and has extensive knowledge of organizational/personnel activities.

Dr. Stephen Brown is Chairman of the Research, Technical and Operations Committee. This Committee has been formed to assist the company in organizing its exploration and mining efforts. Dr. Brown is a Certified Professional Geologist who currently is a visiting scientist at MIT and a principal scientist at New England Research as well as an Adjunct Associate Professor of Geology and Geophysics at the University of Utah.

Commented new Board Chairman Dr. Winders, "One of the Board's jobs right now is to thoroughly assess the company's managerial and operational capacity and capability through a comprehensive analysis of key company programs to make sure we are able to profitably manage and operate our mining properties. Our new committee structure allows us to put additional resources to work on the mission critical activities of financing, exploration and mine operations."

CEO/President Mark A. Lopez, who also serves on the Board of Directors, said, "Our Board meeting was extremely productive, and we look forward to the ongoing input of the Board in the areas covered at the meeting. Forming the additional Board committees is another positive step for Unico as we continue to upgrade our talent pool."

The Board also spent considerable time engaging in a tactical planning process which isolated and prioritized the objectives of key company program areas focusing on audit and budgetary activities, financing and mine and mill operations. The goal of the tactical planning process is to not only assess and monitor ongoing company-wide activities, but to also develop and implement the necessary action steps to achieve stated objectives in a timely and productive manner. The Board, which is meeting monthly, will update the status of this comprehensive planning initiative at its February 2010 meeting.

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About Unico, Incorporated

Unico, Inc. (OTCBB: UNCO) 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 two mine properties: the Deer Trail Mine and the Silver Bell Mine. Unico has also announced agreements to acquire over 70 additional mining claims in the area of the Deer Trail Mine including the Clyde and Crown Point mining claims. 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.

Contact Information

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