Gold Production to Ramp-up At UNICO'S Deer Trail Mill.

Business Editors

MARYSVALE, Utah--(BUSINESS WIRE)-April 18, 2002--UNICO, Incorporated (Arizona) (OTCBB:UNCN) is pleased to announce the acquisition of two pieces of equipment needed to enhance gold production at the Deer Trail Mill, in Marysvale, Utah. The company purchased a Denver duplex mineral jig to better concentrate the gold ore and a laboratory float cell for in-house metallurgical testing.

UNICO is currently producing gold concentrates, at the Deer Trail Mill, from stockpiled ore out of its Bromide Basin Mine, in the Henry Mountains of Utah. Current capacity at the mill is twenty tons of ore a day with an ore grade between 0.50 opt and 1 opt gold. The new Denver duplex jig will eliminate much waste rock and will increase, by several fold, the amount of mineralized ore that can be run through the gravity circuit. This dual chamber jig will condense 12 tons of raw ore per hour into 1-2 tons of cleaner material. This pre-concentrated ore will then be run over the gravity tables, at a rate of 2 tons per hour, producing the final gold concentrate for smelting. UNICO expects to have the jig installed and on-line by next week.

The laboratory float cell will save UNICO time and expense. The milling process will be streamlined by the addition of on-site metallurgical testing and by the preparation of concentrates on a bench scale, rather than by trial and error in the mill. The smelting process will also be optimized as these test concentrates can apprise smelters as to the ore composition prior to shipment, and allow for any modifications needed in the milling process before production begins.

The laboratory float cell will also be used for several other in-house functions: to fine tune the chemical reagent schemes for the mill, to produce concentrates for analytical purposes, and to prepare due diligence samples.

UNICO is scheduled, this season, to run through their mill several types of ore from their three mines. Over the past weeks UNICO has been stockpiling the gold concentrates from production off their gravity tables. These gold concentrates will be blended with the upcoming, more enriched concentrates and sent out for smelting.

UNICO, Inc., a publicly traded Arizona Corporation is listed on the OTC Bulletin Board, stock symbol UNCN. This natural resource company is focused on the production of gold, silver, lead and zinc concentrates from its Deer Trail Mine, Silver Bell Mine and Bromide Basin Mines. Its mill facility is located at the Deer Trail Mine in Marysvale, Utah. Management believes these polymetallic mines have the potential to become profitable and develop a world-class ore body.

This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and 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.

For more information and current photos visit UNICO's web site at www.uncn.net or contact: Mr. Ray Brown at: 530-873-4394.