SOURCE: Unico, Inc.

October 16, 2006 09:06 ET

Unico, Inc. Chairman Files Form 4 on Stock Purchase of 1 Million Shares

SAN DIEGO, CA -- (MARKET WIRE) -- October 16, 2006 -- Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced that chairman Ray C. Brown has purchased an additional 1,000,000 shares of Unico common stock. The purchase was made at a price of $0.016 per share on October 12, 2006 and brought the number of common shares that Mr. Brown owns to 2,550,000.

Mr. Brown's purchase is reflected in a Form 4 Statement of Change in Beneficial Ownership of Securities filed with the Securities and Exchange Commission.

"Unico is making significant strides toward the completion of the mill and processing facility on the property of its Deer Trail Mining Company subsidiary, and I am very pleased to again add to my common stock position," stated Mr. Brown on the date of his purchase.

"With additional labor coming to the site to assist in the completion of the construction phase and continuing work on the engineering and other aspects of the facility, we look forward to having the mill operating as soon as possible. Considering the progress at the mill facility, I have never been more confident in the future of Unico, Inc.," added Mr. Brown.

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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 recently announced agreements to acquire over 70 additional mining claims. For more information, please visit

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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