UNICO INCORPORATED (AZ) (fka UNCO)

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GOOD NEWS

Unico, Inc. Announces First Round of $1 Million Private Placement Financing
Thursday January 18, 9:08 am ET


SAN DIEGO, CA--(MARKET WIRE)--Jan 18, 2007 -- Unico, Incorporated (OTC BB:UCOI.OB - News), a natural resource company in the precious metals mining sector, today announced that the company has received the first round of a what is expected to be a total of $1,000,000 of financing in the form of private placement investments in restricted common stock.
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On December 29, 2006, Unico sold 42,785,700 shares of its restricted common stock to an unrelated third party for a purchase price per share of $0.014 and an aggregate purchase price of $599,000. The shares were issued restricted pursuant to Rule 144 of the Securities Act of 1933.

A second private placement anticipated in the near term is expected to bring the total amount of capital raised through these two rounds of financing to approximately $1,000,000.

The capital will be applied to the operations of Unico and to support the ongoing activities of its subsidiary mining properties.

"We are pleased to have accessed this financing and applied it to activities that are directly connected to our efforts to establish value at our subsidiary mining properties," said Mark A. Lopez, chief executive officer of Unico, Inc. "Our major focus remains the development and growth of revenues from the operations of our subsidiaries, and the ability to access adequate capital resources is an important element in bringing this goal to fruition."

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