UNICO INCORPORATED (AZ) (fka UNCO)

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Press Release Source: Unico, Inc.


Unico, Inc. Announces Purchase of Main Transformer for Electrical Substation at the Deer Trail Mine
Monday January 22, 8:47 am ET


SAN DIEGO, CA--(MARKET WIRE)--Jan 22, 2007 -- Unico, Incorporated (OTC BB:UCOI.OB - News), a natural resource company in the precious metals mining sector, today announced that the company has purchased the main transformer for its new electrical substation at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah.
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The General Electric transformer was purchased from Denver Magnetic, Inc. and delivery is expected within the next three weeks. In the interim, the substation site will be prepared for the grounding circuits and concrete foundation.

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.

"We are pleased to have purchased the main transformer for our new substation, since this is a critical component of the facility," stated Mark A. Lopez, chief executive officer of Unico, Inc. "With reconstruction of the mill and processing facility at the Deer Trail Mine in the completion phase, we are also focused on having the power requirements for the site in place, so that processing operations can begin as soon as possible."

Unico's wholly owned subsidiary, Deer Trail Mining Company, Inc., has contracted with BNA Consulting, Inc. (www.bnaconsulting.com), a major provider of electrical consulting services in Utah and surrounding states for 35 years, for a broad range of engineering services related to the construction of the substation. BNA's procurement services include assisting in locating 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%.

BNA recently finished the new building lighting and basic electrical schematic and is currently completing the engineering work for the new substation. Installation of the necessary service panels and fixtures is expected to begin immediately. The electrical panels will be temporarily connected to a generator at the Deer Trail site to assist with ongoing construction until the substation is complete.

BNA has proposed locating the new substation within 600 feet of the Deer Trail mill, directly adjoining the Rocky Mountain Power substation. This location will reduce the cost of the overhead line drop and the number of poles required to transport the higher voltage of 46,000 volts to the newly acquired transformer.

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.

About Unico, Inc.

Unico, Inc. (OTC BB:UCOI.OB - News) 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.