SOURCE: Unico, Inc.

August 29, 2007 09:12 ET

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

Preparations Underway for Electrical Connection to New Substation at the Deer Trail Mine

SAN DIEGO, CA--(Marketwire - August 29, 2007) - Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced additional progress of electrical and reconstruction work at the mill and processing facility at the Deer Trail Mine in Marysville, Utah. The electrical work has paved the way for the completion of the interconnection between the existing Rocky Mountain Power substation and the new substation at the Deer Trail Mine that will supply power to the site.

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

Fencing for the new substation has been delivered to the site and installed. Two 10-foot gates have also been installed to allow access to the station. With all of the components for the substation installed, including the main transformer, metering cabinet, main switchgear, main fused switch, electrical lines and support poles, the substation is ready for the interconnection with the existing substation.

The new substation will supply the 1.5 megawatts of power required to operate the mill and processing facility at the Deer Trail Mine and an additional 1 megawatt of excess power capacity available for future upgrades to the system, including power for mining activities at the Deer Trail property and other Unico claims in the area.

Concrete for the secondary substation pad has been poured, and the main components for the substation, including two smaller transformers, an electrical panel that will house the 800 amp disconnect switches, and one of the disconnect switches that will isolate power supplies to the two main mill buildings from each other, have been delivered to the site. The remaining components have been ordered and delivery is expected in the near future. Fencing and a gate for the secondary substation are onsite and will be installed after all of the components are installed on the pad.

The thickener in the new mill building, which will primarily be used to thicken tailings, has been successfully water tested and is ready for use.

Also in the new mill building, the vacuum pumps used for the Eimco filter have now been installed, as have the filter sectors and the filtrate tanks that will be used to collect the water that passes through the filter sectors from the mill tailings and floatation concentrate.

Mark A. Lopez, chief executive officer of Unico, commented, "We are pleased that the work on the main electrical substation that will supply abundant and cost-effective power to the Deer Trail Mine is complete and that we are now ready for the interconnection with the Rocky Mountain Power substation. The completion of the substation is a significant milestone, since it is expected to allow Deer Trail Mining Company to meet its near term power requirements as operations are initiated at the mill and processing facility and will also allow for potential future expansion of mining or processing operations at the site."

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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