Austin Powers, a super-spy from the 1960s and his arch-nemesis Dr. Evil, both played by comedian Mike Myers, have faced each other many times during the decade. In 1967 Dr. Evil is placed in cryostasis to return at a time he wouldn't be expected. Austin Powers is also placed in cryostasis, should his services be needed in the future. When they are thawed out in 1997 to battle again, hilarity ensues as the duo has to learn how to adjust in the 1990s.
The movie also stars Elizabeth Hurley, Robert Wagner, and Seth Green.
The film was commercially successful, reaping in over $50 million at the box office, prompting New Line Cinema to fund sequels Austin Powers: The Spy Who Shagged Me and Austin Powers in Goldmember.