Unico, Inc. Announces Completion Date for Purchase of the Deer Trail Mine

Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced that a final date of July 12, 2007 has been set to complete the process of transferring ownership of the Deer Trail Mine in Marysvale, Utah from Crown Mines, LLC to Deer Trail Mining Company, LLC. A formal agreement was made effective on June 29, 2007 to allow adequate time to consummate the closing.

The Deer Trail Mining Company previously paid to Crown Mines a total of $2.3 million in payments, which will be applied toward the purchase price upon closing. The company has also received the balance of a $1.7 million financing commitment in the form of a private placement investment that will be used to exercise the lease buy-out option on the remaining balance. The documents necessary to effect the purchase of the Deer Trail Mine include a purchase agreement, a bill of sale and a quitclaim deed to effect the transfer of ownership of the Deer Trail Mine property.

The mining lease and option to purchase between Unico, Inc. and Crown Mines, LLC, dated December 12, 2001, was adjusted through a first modification of mining lease and option to purchase, dated May 31, 2004, a second modification of mining lease and option to purchase, dated April 21, 2006, a third modification of mining lease and option to purchase, dated November 1, 2006, and a fourth modified lease and option to purchase agreement in April 2007, which provided for a due date of May 31, 2007 for Unico, Inc. to exercise its purchase option.

Under the agreement, Deer Trail Mining Company, LLC has the right to acquire the mining claims located in Marysvale, Utah, which consist of 32 patented mining claims and 171 unpatented mining claims, as well as mill sites, dumps and other transferable rights contained in the agreement.

The claims covered in the purchase agreement total approximately 3,275 acres, or 5.12 square miles, and include workings known as the Deer Trail Mine, the PTH Tunnel and the Carisa and Lucky Boy Mines. The PTH Tunnel penetrates more than 10,000 feet, with a developed network of tunnels, shafts, stopes, and raises at the 3,400-foot-area and at the 8,000-foot-area, and was mined by prior owners for gold and silver. The initial Deer Trail claims date back to 1870.

“We are pleased to have set a final date to consummate the purchase of the Deer Trail Mine from Crown Mines, LLC in order to secure this property as a long-term asset for the company,” said Mark A. Lopez, chief executive officer of Unico, Inc. “We look forward to completing the transfer of title, so we can move forward with our future plans at the Deer Trail Mine. This property is a major focal point of our ongoing operations, with the reconstruction of the mill and processing facility at the Deer Trail Mine as well as the analysis of core samples taken from the diamond core drilling program conducted at the property. The report on the core samples from Behre Dolbear is expected to help determine the future direction of the project, and by securing ownership of the Deer Trail Mine, the company will be in an ideal position to begin building value at the property.”

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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 also 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.

 Contacts: Gemini Financial Communications, Inc. A. Beyer 951-587-8072 Email Contact  OTC Financial Network Rick McCaffrey 781-444-6100, x625 Email Contactwww.otcfn.com/ucoi

SOURCE: Unico, Inc.