Sony Online Entertainment has confirmed it's working on a spy-themed MMO for PlayStation 3.
It's called The Agency and will be based around franchises like James Bond and the Bourne series. It's expected to be available before the end of the year, and a full announcement is due early next week.
The Agency lets you take sides for one of two factions, then participate in player-versus-player combat and espionage. Although there's no word on exactly how character progression will work, it seems your equipment will play a pivotal role. If you have light and flexible armour you'll play a spy role, for example, rather than be a kevlar-clad action hero.
Sony Online Entertainment is best known for creating EverQuest and Star Wars Galaxies. EverQuest Online Adventures appeared on PlayStation 2 back in 2003 but failed to attract the amount of subscribers it predicted.
Expect more information next week.