SOURCE: Unico, Inc.

August 15, 2007 09:30 ET

Unico, Inc. Announces Additional Progress of Work at the New Electrical Substation at the Deer Trail Mine

SAN DIEGO, CA--(Marketwire - August 15, 2007) - Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today provided an update on the progress of work to complete the new electrical substation that will supply power to the Deer Trail Mine property.

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

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.

With the concrete slabs for the metering cabinet, yard light transformer and the main fused switch gear poured and prepared, the cabinet that holds the meter has been set in its resting place along with the main fused switch. A crew from PacificCorp, the electrical utility that operates in Utah as Rocky Mountain Power has began to install metering devices including the Potential Transformers (PTs) and Current Transformers (CTs). The small transformer that supplies power for the area lighting has also been set into place.

The main support poles that hold the crossarms and air brake switch have been installed, and they will also carry the lightning arrestors and the main transmission wires.

The conduit that will carry the 12,470 volts to the secondary substation at the mill has been installed and backfilled, and the main wire that carries the 12,470 volts to the mill has also been installed.

Electrical contractor Cache Valley (http://www.cve.com/), one of the largest electrical contractors in the western United States that has been contracted to assist with the construction of the new substation, has installed a sectionalizing cabinet approximately 500 feet away from the mill for additional tap off points for future expansion. A sectionalizing cabinet has also been installed at the mill site to allow for future equipment with higher voltage needs.

Concrete for the secondary substation is expected to be poured before the end of the week, and delivery of two 800 amp disconnect switches, which will isolate power supplies to the two main mill buildings from each other, is anticipated within the next few days.

"We are pleased to see that significant progress is being made to complete the new electrical substation at the Deer Trail Mine so that an abundant supply of cost-effective power will be available for the mill and processing facility as well as for future activities at the site," commented Mark A. Lopez, chief executive officer of Unico, Inc. "We will continue to update additional electrical work at the site until all connections have been established and power is available for the Deer Trail Mine."

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

Shareholders who would like to sign up to receive information by email directly from Unico, Inc., including when new photo galleries are posted to the company website, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php and fill in the appropriate fields.

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. 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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