As a beneficiary of the abacus math herself, Ms. Rueyin Chiou, the founder, wanted to transfer the benefit to her son when he was in a preschool. Ms. Chiou's professional background and her strong desire in educating her son formulated the deep understanding of needs from most other parents and the potential of the abacus math education.

From 2001 to 2004, Ms. Chiou was invited by three weekend schools to teach Mental Math classes. Ever since the beginning of teaching the Abacus Mental Math, Ms. Chiou has always been updating her class materials and improving the curricula. Until now, she has developed her own textbooks, homework books, work books, "Math is fun" song, audio CDs, posters, math games, etc.

In 2003, the "IQ Abacus" became a registered trade name and the "Math is fun!" became a registered trademark in Arizona. The IQabacus.com web site was also launched in around June 2003. With very minimal marketing efforts, the enrollment in IQ Abacus Math & Language School has been quickly growing every year.