SOURCE: Unico, Inc.

May 07, 2007 09:20 ET

Unico, Inc. Announces Release of May 2007 Newsletter Edition

SAN DIEGO, CA -- (MARKET WIRE) -- May 7, 2007 -- Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today issued the May 2007 edition of its monthly investor newsletter with a review of the company's activities over the past month. A PDF version of the newsletter has been added to the company's website at http://www.unicomining.com./news/newsletters.php, and an email notification of the newsletter's release has been sent to subscribers to the Unico electronic mailing list.

The May 2007 edition of the newsletter includes articles on the status of the lease and option to purchase for the Deer Trail Mine, updates on the progress of reconstruction work at the mill and processing facility at the Deer Trail Mine, additional labor that has been contracted to expedite completion of the facility, and the appointment of a new chief financial officer.

The article on the modified lease and option to purchase agreement outlines the details of the agreement with Crown Mines, LLC, including an additional $300,000 payment made on April 30, 2007 and an extension of the final payment due date for the remaining $1.7 million to purchase the Deer Trail Mine lease from January 31, 2007 to May 31, 2007.

Unico provided updates on reconstruction work at the mill and processing facility at the Deer Trail Mine several times during the month of April, and the newsletter summarizes these updates with an article accompanied by several pictures that were included in photo galleries posted to the Multimedia section of the company's website, www.unicomining.com.

The newsletter also includes a story on the agreement for additional labor contracted to expedite completion of the mill and processing facility at the Deer Trail Mine. The construction crew from FMS, Inc. of Huntington, New York has now arrived on site and initiated its construction work.

"With the frequent updates that were provided to shareholders during the month of April, this edition of the Unico newsletter provides a useful summary of the major news items from this period," said Mark A. Lopez, chief executive officer of Unico, Inc. "April has been another busy month, and we hope that newsletter readers again find this publication to be helpful in charting the company's progress through the completion phase of reconstruction at the mill and processing facility at the Deer Trail Mine, the extension of our lease and option to purchase agreement with Crown Mines, LLC and the other topics that are addressed in this issue."

Shareholders who would like to sign up to receive information by email directly from Unico, Inc., particularly when new press releases, monthly newsletters, SEC filings or other information is disclosed, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php.

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 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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