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An unsuspecting, disenchanted man finds himself working as a spy in the dangerous, high-stakes world of corporate espionage. Quickly getting way over-his-head, he teams up with a mysterious femme fatale.

Hoping for a more exciting life than the suburban drawl he currently inhabits, nerdy salary man Morgan Sullivan takes a job as an industrial spy at Digicorp, a global computer corporation. Digicorp assigns him the duty of flying to various conventions around America, recording the speeches that are made. But when Sullivan meets a mysterious woman he begins to realize that his job may not be what it seems, as he descends into a dark underworld of brainwashing and struggles to maintain his own identity.—beansproutlord@yahoo.com.au

In a near future, the ordinary man above any suspicious from the suburb Morgan Sullivan is hired by Digicorp, a huge corporation, to be assigned as a spy and steal secrets from their competitors, Sunways. Along his training, Morgan is brainwashed, assumes a new identity of Jack Thursby and travels to boring lectures. In one of them, he is approached by the beautiful and mysterious Rita Foster, who advises him that nothing is how it seems to be. Morgan acknowledges a new reality, where he does not know who can be trusted.—Claudio Carvalho, Rio de Janeiro, Brazil

Morgan Sullivan (Jeremy Northam), a recently unemployed accountant, is bored with his suburban life. He has been married for 4 years. Pressured by his wife Amy (Kristina Nicoll) to take a job with her father's company, he instead pursues a role in corporate espionage without telling Amy. Amy believes that Morgan is waiting for the position to open up at her father's company.

Digicorp's Head of Security, Finster (Nigel Bennett), inducts Morgan, and assigns him a new identity. As Jack Thursby, he is sent to conventions to secretly record presentations and transmit them to headquarters. Digicorp biggest rival is Sunway Systems and Morgan's main job is to try and find about Sunway's business plans, research programs and counter intelligence operations and transmit them to Digicorp. Morgan is given a transmitter hidden inside a normal pen. All Morgan has to do is to activate the transmitter when the speeches start and his job is done. Morgan tells Amy that he has picked up some freelance jobs to explain his travel to conventions.

Sullivan is soon haunted by recurring nightmares and neck pain. When he meets Rita Foster (Lucy Liu) from a competing corporation, his life starts to become complicated. Morgan notices Rita at the hotel bar of his first convention and chats her up. He notices her subsequently on the following conventions, and one day follows her to the roof of the hotel, where he finds a helicopter that belongs to Rita.

Rita gives him pills to cure his pain and nightmares and tells him not to transmit at the next convention. After the convention, Digicorp confirms the receipt of his transmission, though Morgan sent nothing. Sure, that something strange is going on, Morgan takes the pills Rita gave him. They work. Confused by what is going on, and intrigued by Rita, he arranges to meet with her again by cracking a trail of coded messages left by Rita for him.

Rita advises Morgan of Digicorp's deception (she claims that Digicorp is drugging Morgan at every convention. She says that there are no transmissions at any conventions. All conventions are held by Digicorp and all attendees are Digicorp employees, and spies) and invites him to accept the antidote - a big syringe of green liquid. Morgan hesitantly accepts. She warns him that no matter what happens at the next convention he must not react. Morgan discovers that all the convention attendees are spies like him, and all thinking themselves individual spies working for Digicorp. While they are drugged from the served drinks, plastic-clad scientists' probe, inject and brainwash them. Individual headsets reinforce their new identities, preparing them to be used, and then disposed of.

Morgan manages to convince Digicorp that he believes his new identity. Morgan then takes a flight back home and wakes up in a new home, in a new bed. All the photos are changed, and he is married to a woman named Diane Thursby (Kari Matchett). Morgan then receives his next instructions through an appointment diary in his briefcase and he heads to the offices of Sunway Systems. Morgan fails the Neurological truth tests given by Sunway Systems. Morgan is still recruited by Sunway Systems, a rival of Digicorp. Sunway's Head of Security, Callaway (Timothy Webber), encourages Morgan to act as a double agent (he knows that Morgan is lying when he says that he is Jack Thursby and not an employee of Digicorp), feeding corrupted data to Digicorp. Callaway says that Rita does not work for Sunway Systems.

Morgan calls Rita, who warns him that Sunway are equally ruthless, and that he is in fact being used by Rita's boss, Sebastian Rooks. Callaway says that Rooks is a freelancer hired by Sunway Systems to figure out how Digicorp was getting their spies past their Neuro-Graph tests. Then Callaway asked them to send an agent who was not brainwashed. Callaway tells Morgan to stay away from Rooks. Morgan knows that if he doesn't act like Jack Thursby, he will be eliminated by Digicorp.

Morgan bugs his new home and finds that Diane is a Digicorp agent as well. Diane takes all the data that is intentionally fed to Morgan on his business trips, and feeds it to Digicorp, without suspecting that it is corrupt data. Rita had told Morgan that his last trip would be to Wichita, where he will be disposed. Callaway indeed sends Morgan to Wichita and says that Wichita hosts their data warehouse, which is isolated from the outside world. Only agents are sent occasionally to add or retrieve files. This will make Digicorp believe that they have hit the jackpot.

Rita contacts Morgan and replaces the disk given by Sunway Systems with her own disk. But Finster kidnaps Morgan and reveals that it was Rooks who paid him to hire Morgan at Digicorp. He reveals that the disk given by Rita contains a search program to retrieve a particular file, and then delete all traces of it. Finster wants the disk to be delivered to him when Morgan comes out of the vault. Finster wants to identify Rooks and says that the moment Morgan gives the disk to Rooks, he will be eliminated. Morgan manages to steal the required information from Sunway Systems' vault, escaping with Rita's help.

Rita ultimately takes him to meet Rooks. When she temporarily leaves the room, a nervous Morgan calls Finster, and becomes even more distressed. He accidentally shoots Rita, who encourages him to ignore her and meet Rooks in the room next door. Morgan finds the room filled with objects which appear to be personal to him, including a photograph of him and Rita together. Realizing that he is apparently Rooks, he turns to Rita in disbelief.

Before Rita can convince him, the apartment is invaded by armed men. Rita and Morgan escape to the roof of the skyscraper as the security teams of Digicorp and Sunway meet, led by Finster and Callaway. After a short Mexican standoff, both sides realize they are after the same person, Sebastian Rooks, and rush to the roof.

Morgan and Rita are on the roof in the helicopter - Rita is unable to fly it, but Sebastian can. Rita encourages Morgan to remember his past self, connecting through his love for her. He suddenly remembers and lifts off amid gunfire from the security teams. Finster and Callaway comment as the couple seem to have escaped: Callaway: "Did you get a look at him? Did you see Rooks' face?" Finster: "Just Morgan Sullivan, our pawn." Looking up, they see the helicopter hovering above and realize, too late, the true identity of Morgan Sullivan. Sebastian triggers a bomb, causing the whole roof to explode.

On a boat in South Pacific Ocean, Sebastian reveals the content of the stolen disc to Rita. Marked "terminate with extreme prejudice", it is the last copy of Rita's identity (after the one in the vault was destroyed). Sebastian throws the disc into the sea and says: "Now there's no copy at all."