SOURCE: Unico, Inc.

March 29, 2006 11:34 ET

Unico Announces Construction at the Deer Trail Mine and Processing Facility

SAN DIEGO, CA -- (MARKET WIRE) -- March 29, 2006 -- Unico Incorporated (OTC BB: UNCN), which focuses on the production of ores and precious metals in the U.S., today announced that the Deer Trail Mining Company, LLC, a wholly owned Unico subsidiary, has initiated reconstruction of the mill and processing facility to improve both efficiency and capacity in processing operations at the Deer Trail Mine in Marysville, Utah.

"We are focusing a great deal of our attention on the completion of the mill and processing facility, so we can begin processing our current stockpiles of precious metal bearing ore and sell the concentrates to generate revenue for the company in the near term," said Unico chief executive officer Mark A. Lopez. "Additionally, the improvements that are being implemented as part of our current reconstruction efforts are expected to improve the long-term performance and capacity of the facility."

As part of Unico's program to improve the facility's efficiency and performance, outdated equipment and parts will be replaced with technologically superior ones to increase production and improve the bottom line.

Unico is modifying the ball-mill from a grate-discharge to a pass-through open-discharge mill. Jean Duvall, a millwright with over 30 years of ball-mill experience was hired to remove the present grate, with work commencing on March 22, 2006. Mr. Duvall will lift the ball mill and inspect the bearings to ensure that once new liners are installed, the mill will give many years of trouble-free service. New rubber liners will replace the worn-out steel liners with at the ball-mill. Rubber liners tend to last two to three times as longer than steel liners and will provide several additional advantages, including an expected 15% reduction of the company's electric bill and allowing the ball-mill to run much more quietly, enhancing mill communications and the environment.

The Deer Trail Mining Company is working in conjunction with Weir Minerals North America Rubber Engineering www.weirminerals.com, a global leader in wear resistant linings for mining and mineral processing applications, to fabricate the required new rubber liners for the ball-mill. Weir Minerals has been supplied with the forms and tooling for Unico's specific ball-mill, and final sizing and measurements are being completed to begin fabrication.

"We are definitely back on track with our mill reconstruction project at the Deer Trail Mine. Even in the short time period since his appointment, the progress made under the supervision of company president Wayne Ash at the Deer Trail mill facility is steadily ramping up toward completion in all areas. The activity level and expansion of progress is evident throughout the entire project. Our plan to increase the production capacity of the mill is fast becoming a reality. We plan to end up with a more effective way to process material and operate the mine than it ever has in the past," commented Mr. Lopez.

"The long-term growth and development of the Deer Trail Mine Project remains a priority for Unico. Quite simply, our main focus still remains to develop this subsidiary into a revenue generating entity and extract the significant value believed to exist on the property," added Mr. Lopez.

About Unico Inc.

Unico Inc. (www.uncn.com) is a publicly traded company incorporated in Arizona that is focused on the production of ores and precious metals such as gold, silver, lead, and zinc at its three mine properties: the Deer Trail Mine the Bromide Basin Mine and the Silver Bell Mine.

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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