If you're looking for some more information about the mysterious The Matrix Online then the interview over at Games-fusion.com is your best bet.
Q. Can you tell us a little bit about the game and what you are aiming to achieve with this title?
A. The Matrix Online (MxO) is a massively multi-player role playing game that takes place immediately following Matrix Revolutions. In the game, you are a newly awoken red pill who has just been rescued from the body pods.
One of the main goals of MxO is allow players an opportunity to participate in the ongoing saga of the Matrix. The creators of the movies, the Wachowski Brothers, have created a story that will unfold in periodic episodes. It is our intent to allow players a chance to interact in a changing world where they can help shape the outcome. To this end, individual players must choose who they wish to support.
News source: Games-fusion.com