SOURCE: Unico, Inc.

May 14, 2007 09:26 ET

Unico, Inc. Announces Delivery and Installation of Main Transformer for Electrical Substation at the Deer Trail Mine

SAN DIEGO, CA -- (MARKET WIRE) -- May 14, 2007 -- Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced the delivery and installation of the main transformer for the new electrical substation at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah. A photo gallery showing the delivery and installation of the transformer, as well as additional electrical and wiring work at the Deer Trail Mine mill and processing facility, will be added to the Unico website, www.unicomining.com, in the next several days.

The General Electric transformer was purchased in January 2007 from Denver Magnetic, Inc. The primary voltage of the transformer is 46,000 volts, which will be provided to the Deer Trail Mine from PacifiCorp, which operates in Utah as Rocky Mountain Power. The secondary voltage of 12,470/7,200 will be sent to the mill by direct burial cable. The 12,470 voltage will then be further reduced to the required 480 volts required to operate the mill. The availability of additional voltage allows for the planned future expansion at the site, including larger crushing equipment, an additional ball mill and power to operate mining activities as needed.

The concrete pad for the main transformer is now poured and has sufficiently been cured in time to set before the delivery of the transformer to the substation site. Electrical contractor Cache Valley Electrical (http://www.cve.com/) assisted with the installation of the grounding circuit, 4-inch conduit and smaller conduits, which were also installed prior to pouring the concrete pad where the main transformer for the substation was mounted. In addition to the substation work, Cache Valley Electrical is assisting with the installation of electrical conduits, controls and wiring inside the mill buildings.

With the main transformer now in place, additional work on the substation will be undertaken, including fencing, installation of the metering station and switchgear, and installation of the power poles. Once that work is completed, electricity producer PacifiCorp (www.pacificorp.com), which operates in the state of Utah as Rocky Mountain Power, will supply the connection to the substation. The design and completion of the new substation is expected to provide substantial cost savings for Unico's wholly owned subsidiary, Deer Trail Mining Company, as a result of lower energy costs and greater reliability.

"The delivery and installation of the main transformer is a critical element of the construction of the new substation, and we look forward to completing the remaining work at the substation so that the power requirements of the Deer Trail Mine can be met," commented Mark A. Lopez, chief executive officer of Unico, Inc. "With the reconstruction of the mill and processing facility in the completion stage, having sufficient power for processing operations has never been more critical, and this progress at the substation bring us a step closer to that goal."

BNA Consulting, Inc. (www.bnaconsulting.com), a major provider of electrical consulting services in Utah and surrounding states for 35 years, assisted in the identification of the main transformer for the new substation. BNA has been contracted by Deer Trail Mining Company for a broad range of engineering services related to the construction of the substation. Included in BNA's services is procurement of the best quality electrical equipment possible, including starters and other required electrical components. The design and completion of the new substation itself is expected to provide substantial cost savings as a result of lower energy costs and greater reliability, and the use of good quality equipment is expected to reduce equipment costs by approximately 40%.

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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. 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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