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Unico Announces Further Progress on Construction at the Deer Trail Mill and Processing Facility

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 reached several initial milestones in the reconstruction of the mill and processing facility at the Deer Trail Mine in Marysville, Utah. Once the improvements are complete, current stockpiles of precious metal bearing ore can be processed and shipped, providing what is expected to be a six-figure monthly revenue stream for the Deer Trail Mining Company.

In September 2005, Unico entered into a five-year purchase contract with PGM, LLC, a private subsidiary of Polymet Corporation, for the purchase of precious metal bearing concentrates. Terms of the agreement include a monthly purchase quantity of 150 tons for the first 6-9 months and increases to 300 tons through the duration of the five-year term. Unico has estimated that the gross cash flow produced from this contract could range from $125,000 up to $450,000 per month.

"Completion of the mill and processing facility is directly tied to near-term revenues for the company, so each of the steps in the reconstruction process is significant," stated Unico chief executive officer Mark A. Lopez. "By upgrading the mill and processing facility, we will not only gain the ability to fulfill the monthly PGM contract to sell precious metal bearing ore from the Deer Trail facility and secure a significant, regular revenue stream, but several of the steps will also allow us to control costs associated with running the facility, further improving the company's bottom line."

Included in the work that was just completed is the pouring of the final lift of concrete for the recently purchased fine ore bins. The final engineering and design work for the ore hoppers are also now complete. The required hopper steel is expected to be delivered by the beginning of April with construction scheduled to begin shortly thereafter.

Insulation has been installed throughout the interior of the mill facility, which will dramatically reduce the heating cost to operate the facility during colder months and reduce the overall energy demand inside the mill site. Additional conveyor belts were purchased to upgrade the screening plant, located in the Upper Deer Trail area of the mine, and the screening plant is now complete and operational.

Work is underway to complete additional employee work facilities at the mill site. This will allow a better working environment for employees as the company prepares to hire additional workers to operate the mill. A new permit has also been filed to install a new septic tank, leach lines, and additional plumbing needed to accommodate some of these facilities on site. Several additional improvements are anticipated for the coming weeks.

"Considering the highly favorable metals prices currently being paid for gold, silver, lead, zinc and copper, completion of the Deer Trail mill and processing facility and initiating shipments of ore from existing stockpiles will remain a primary focus of Unico's efforts," added Mr. Lopez.

About Unico Inc.

Unico Inc. () 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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