CORSAIR COMPONENTS, INC. (CRSR) IPO

We estimate that the net proceeds we receive from the sale of common stock in 
this offering will be approximately $42.2 million (or approximately $46.5 
million if the underwriters exercise their option to purchase additional shares
of common stock in full), in each case assuming an initial public offering 
price of $13.00 per share, the midpoint of the estimated price range set forth 
on the cover page of this preliminary prospectus, and after deducting 
underwriting discounts and commissions and estimated offering expenses payable 
by us. Each $1.00 increase (decrease) in the assumed initial public offering 
price per share would increase (decrease) the estimated net proceeds to us by 
approximately $3.8 million (or by approximately $4.2 million if the 
underwriters exercise such option in full), in each case assuming that the 
number of shares of common stock sold by us, as set forth on the cover page of 
this preliminary prospectus, remains the same and after deducting underwriting 
discounts and commissions and estimated offering expenses payable by us. Each 
100,000 share increase (decrease) in the number of shares of common stock sold 
by us in this offering would increase (decrease) the net proceeds to us from 
this offering by approximately $1.2 million, assuming an initial public 
offering price per share equal to the midpoint of the estimated price range set
forth on the cover page of this preliminary prospectus and after deducting 
underwriting discounts and commissions and estimated offering expenses payable 
by us. We will not receive any proceeds from the sale of shares of our common 
stock by the selling stockholders. 

The principal purposes of this offering are to create a public market for our 
common stock, obtain additional capital, facilitate our future access to the 
public equity markets, position us to issue common stock to make acquisitions 
and generally increase awareness of our company. 

We intend to use the net proceeds that we receive from the sale of shares of 
our common stock in this offering to repay all borrowings outstanding under our
current credit facility (whereupon the current credit facility will be 
terminated and replaced by the new credit facility) and for other general 
corporate purposes, which may include working capital, capital expenditures 
and possible acquisitions of other businesses, products, assets or 
technologies. Although one of our strategies is to grow through acquisitions, 
we have no present commitments or agreements to make any acquisitions. The 
manner in which we apply the net proceeds we receive from this offering and 
the timing of those expenditures will vary depending on a number of factors, 
including competitive and technological developments, our results of operations
and whether or not we are able to consummate any acquisitions. Our management 
will have broad discretion in the application of the net proceeds we receive 
from this offering, and investors will be relying on the judgment of our 
management regarding the application of the proceeds. Pending the application 
of the net proceeds we receive from this offering for the purposes described 
above, we may invest the net proceeds in short-term interest-bearing and 
similar investments, which may include interest-bearing bank accounts, money 
market funds, certificates of deposit and government securities. 

Amounts we repay under our current credit facility with proceeds from this 
offering may be re-borrowed under the new credit facility, subject to 
compliance with conditions in the new credit facility. As of March 31, 2012, we
had $27.9 million of borrowings outstanding under our revolving credit 
facility, which matures on June 30, 2012, bearing interest at a weighted 
average rate of 4.5% per annum. We use borrowings under our revolving credit 
facility primarily for working capital, and we also used borrowings under our 
revolving credit facility to finance the First Share Repurchase, Second Share 
Repurchase, ESOP Share Repurchase and the Severance Share Repurchase.

We face intense competition in the markets for all of our products. We operate 
in markets that are characterized by rapid technological change, constant price
pressure, rapid product obsolescence, evolving industry standards and new 
demands for features and performance. We experience aggressive price 
competition and other promotional activities by competitors, including in 
response to declines in consumer demand and excess product supply or as 
competitors seek to gain market share. 

In recent years, we have added new product categories and we intend to 
introduce new product categories in the future. To the extent we are 
successful in adding new product categories, we will confront new competitors, 
many of which may have more experience, better known brands and greater 
distribution capabilities in the new product categories and markets than we do.
In addition, because of the continuing convergence of the markets for computing
devices and consumer electronics, we expect greater competition in the future 
from well-established consumer electronics companies. Many of our current and 
potential competitors, some of which are large, multi-national businesses, have
substantially greater financial, technical, sales, marketing, personnel and 
other resources and greater brand recognition than we have. Our competitors may
be in a stronger position to respond quickly to new technologies and may be 
able to design, develop, market and sell their products more effectively than 
we can. In addition, some of our competitors are small or mid-sized specialty 
companies, which may enable them to react to changes in industry trends or 
consumer preferences or to introduce new or innovative products more quickly 
than we can. As a result, our product development efforts may not be successful
or result in market acceptance of our products. 

Competitors in the DRAM module, USB flash drive and solid-state drive markets.
Our primary competitors in the markets for DRAM modules and USB flash drives 
include Adata, GSkill, Kingston Technology, Micron Technology through its 
Crucial division, Patriot and SanDisk. Our primary competitors in the market 
for solid-state drives include Intel, Micron Technology through its Crucial 
division, OCZ Technology and Samsung. In that regard, we face the risk that 
established semiconductor companies, such as Intel, Micron Technology, Samsung 
and SanDisk, which each manufacture DRAM or NAND flash memory ICs and 
incorporate them into the DRAM modules, USB flash drives or solid-state drives 
they sell, or established disk drive companies, such as Seagate or Western 
Digital, that sell solid-state drives, will use their lower cost structures, 
widely recognized brands and other resources to price their products 
substantially below ours and capture market share from us. 

Competitors in the power supply unit, cooling system and computer case markets.
Our primary competitors in the markets for power supply units, cooling systems 
and computer cases include Antec, Coolermaster and Thermaltake. 

Competitors in the gaming peripherals market. We launched our first audio 
product in the third quarter of 2010 with the introduction of our gaming 
headset and our first gaming speakers in January 2011, and we have developed 
other audio products since that time. Our primary competitors in the market for
audio products include Creative Labs, Klipsch, Logitech and Razer. 

We launched our first gaming keyboards and mice in the third quarter of 2011. 
Our primary competitors in the markets for gaming keyboards and mice, include 
Logitech, Microsoft, Razer and SteelSeries. 

Competitors in computer accessories. We introduced our computer case fans, 
internal computer cables and Corsair Link cooling and lighting control kits in 
the first quarter of 2012. Our primary competitors in the markets for case fans
include Coolermaster, Rosewill and Zalman. Our primary competitors in the 
markets for internal computer cables include Nippon Labs and Rosewill. Our 
primary competitors in the markets for computer case fan controllers include 
NZXT and Rosewill. 

Competitors in new markets. We are considering a number of other new products 
and, to the extent we introduce products in new categories, we will likely 
experience substantial competition from additional companies, including large 
computer peripherals and consumer electronics companies with global brand 
recognition and significantly greater resources than ours. 

Competition from video game consoles . PC-based games may be subject to 
significant competition from dedicated video game consoles, such as Microsoft’s
Xbox, Nintendo’s Wii and Sony’s PlayStation, to the extent that the processing 
and graphics power of those consoles increase substantially. Our products are 
not designed for use in video game consoles. As a result, our net revenues and 
other operating results may suffer to the extent that consumer spending on 
video game consoles and related games increases, whether as a result of the 
introduction of new games or improved gaming consoles or for other reasons. 

Competitive factors in our markets . We believe that the principal competitive 
factors in our markets include performance, reliability, brand and associated 
style and image, price, time to market with new emerging technologies, early 
identification of emerging opportunities, interoperability of products and 
responsive customer support on a worldwide basis. 

Our ability to compete successfully is fundamental to our success in existing 
and new markets. If we do not compete effectively, demand for our products 
could decline, our net revenues and gross margin could decrease and we could 
lose market share, which could have a material adverse effect on our business, 
results of operations and financial condition.