This document summarizes a panel discussion on the potential roles of cloud computing in K-12 education IT. It defines cloud computing and outlines the origins and service models of cloud computing, including infrastructure as a service, platform as a service, and software as a service. It also describes the different deployment models like private, public, hybrid and community clouds. The document then provides brief biographies of the panelists, who represent companies like IBM, ePals and Cisco Systems, and have experience designing cloud solutions for modernizing school systems. It closes by thanking the panelists and audience.