Company Update - UICO

[UNICO <htmlun@thestockadvisor.com>]

June 26, 2001

Dear Investor,

You have previously requested information about Unico, Inc. (OTCBB:UICO).
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[Unico_Logo.gif]

 

Market Perception of New Site

 

Unico Inc. (OTCBB:UICO) reported on June 14 the launch of the new web
site for its wholly owned subsidiary Independent News (www.indynews.com),
The updated and revised sited is also being used as a model for Unico's
recently launched Internet division, TheLocalTimes
(www.thelocaltimes.com). TheLocalTimes is a complete, integrated web
solution for the nation's estimated 15,000 newspapers, all potential
customers of TheLocalTimes.

Joseph Nicastro, President of Unico, and Publisher of Independent News
says "Several potential customer I have been speaking with in the past
have now contacted me and congratulated us on providing an excellent
solution that they will use for their papers. As a publisher myself for
more than 14 years, I know what works and what doesn't. We publishers
have a tendency to dislike changes. However, this is a solution that will
enhance the value for both the newspapers themselves, their advertisers
and the local communities."

Benefits provided by TheLocalTimes:

1) For the local newspaper. A) It is a guaranteed moneymaker for the
newspaper itself as their revenues grow. B) Provides the newspaper with a
turn-key solution, including technical support without any money upfront.

2) For the advertisers. The advertisers are getting increased exposure
directly in their local market which is a clear and solid advantage
compared with their competitor at a very low, almost negligible,
increased cost.

3) For the local community. As the Internet develops, the local community
on the Internet is getting stronger and stronger. The Local Times is,
providing local quality content to each and every local newspaper region
for free.

4) For Unico. As The Local Times is a fully owned subsidiary of Unico,
Unico's shareholder will reap the fruit as the increased revenue and
profit will be shown on Unico's financial statements.

Unico's goal is to make TheLocalTimes the ultimate web solution for the
nation's small and medium-sized newspapers, as many of those have neither
the technical resources to maintain a world class web site nor the
financial incentive to do so.

All a newspaper has to do is to sign up for TheLocalTimes service and the
Company provides each and every newspaper with a turn-key solution,
including an interactive web site specifically designed to their needs; a
complete set of technical tools designed by our highly qualified in-house
technical staff and outsourced technical specialists to serve as the
ultimate technical solutions on the web for the nations newspapers.

By going from an Internet incubator to a quality news and media company
with one wholly owned and growing newspaper and a fully functioning
revenue generating Internet division, Unico is positioning itself for
explosive growth over the next few years.

For more information on how to become a part of TheLocalTimes family,
please visit our web site (www.unicoholdings.com/thelocaltimes/) or call
(973) 839-7200.

Unico web sites are:

* www.unicoholdings.com

* www.indynews.com

* www.thelocaltimes.com

 

For Investor Relations information call (973) 839-7200, ext. 36 or
Michael Gales at TheStockAdvisor (843) 849-7960. Or, email us at
info@unicoholdings.com.

 

Unico is featured at TheStockAdvisor (www.thestockadvisor.com) and
additional information can be obtained from
www.thestockadvisor.com/spotlights/uico.htm and
www.thestockadvisor.com/spotlights/091200uicospotlight.htm.

____________________________

INVESTING IN SECURITIES IS SPECULATIVE AND CARRIES A CERTAIN DEGREE OF
RISK. This is not a recommendation to buy or sell securities or other
investment products. Neither Unico nor any of its editorial staff are
licensed or registered legal or investment advisors, and therefore cannot
and will not make any representations or recommendations whatsoever. All
readers are encouraged to seek professional advice from a licensed
investment advisor or other person familiar with the subject matter
herein.

 

 

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