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An Ipex is:

A computer running a 32 bit graphical shell,
on a 16 bit operating system,
on an 8 bit processor
on a 4 bit motherboard
built by a 2 bit company
that can't stand 1 bit of truth.
Yesterday i flattened my Ipex with my Holden Commodore and went and bought a new PowerBook.
Ipex by Someone else March 23, 2004
Related Words
Ipex this bloody POS machine!
Ipex by Antipex December 13, 2003
Ipex is evil!
Ipex by Anonymous September 12, 2003
What comes out of your ass when you go to the toilet
Ipex by hehe April 4, 2004
Ashes to ashes,
Dust to dust,
If it wasn't for Ipexes,
Our screwdrivers and soldering irons would be rust.
Ipex by Someone else March 23, 2004