UNICO INCORPORATED (AZ) (fka UNCO)

[MUSHROOMKING]

Unico, Inc. Reports Progress of Equipment Startup Testing Including Upgrades to the Ball Mill at the Deer Trail Mill and Processing Facility

SAN DIEGO, CA -- (MARKET WIRE) -- 11/07/07 -- Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today reported progress of the startup testing of equipment in the mill and processing facility at the Deer Trail Mine and replacement of the 200-horsepower synchronous motor for the ball mill.

Wiring for the ball mill in the main mill building was competed and startup testing of the ball mill was initiated.

A new WEG Electric ( http://www.wegelectric.com/ ) 250-horsepower motor has been purchased to replace the motor previously installed on the ball mill. The efficiency rating of the new motor is 94.7% compared to that of the old motor, which was rated at 79%, allowing the overall cost of operating the mill to be drastically reduced.

A new Mitsubishi variable frequency drive (VFD) was located and purchased to replace the General Electric synchronous motor controller. Installation of the new variable frequency drive will allow Deer Trail Mining Company's metallurgist Edgar Blanco to adjust the speed of the mill to help optimize the rate of which each ore can be ground. A dramatic power savings is expected by installing the variable frequency drive, as it adjusts the outgoing frequency and voltage during starting and stopping of the ball mill.

The Mitsubishi variable frequency drive is fully computer integrated, allowing all of the perimeters including horsepower, amperage and revolutions per minute to be monitored and adjusted at any given time from a centralized computer located in the mill control room.

Both the motor and variable frequency drive are being initially started up and programmed by Energy Management Corporation ( http://www.emcsolutions.com/ ) located in Salt Lake City.

"While the replacement of the synchronous motor for the ball mill was unanticipated before the startup testing was initiated, the improved performance and efficiency of the new motor and variable frequency drive are expected to provide long-term benefits for operations at the mill and processing facility at the Deer Trail Mine," stated Mark A. Lopez, chief executive officer of Unico, Inc. "We will continue to make whatever upgrades are necessary to maximize the potential of processing operations and improve the outlook for future revenue possibilities at the Deer Trail mill facility."