Low-budget Swiss/German sci-fi. Not all that bad, it starts as a straight up space-thriller and morphs into something a little more Matrix-y.
Visually it's a mixed bag, with a large discrepancy between the quality of FX shots: some look like they came from a videogame cutscene circa 2002, while others look good and are effective. The same can be said for the sets as well: some are straight out of low-budget Star Trek episodes, others do a good job of relaying the feel of a gritty, dystopian future.
The movie borrows too heavily from many Hollywood sci-fi classics, with musical queues and lighting straight out of Alien/Aliens (flashing yellow lights, travel through air ducts), to the "are we all in a machine" paranoia that came from The Matrix. Still though, it does have a solid narrative, the acting isn't bad, and it features a heroine that you can identify with and get behind.
It isn't ground-breaking, and it would have been nice since if it had experimented a bit more since it is obviously from outside the Hollywood studio system, but it is worth a watch.