Within the speech and language processing communitites there is considerable and growing interest in issues related to emotion and affect in speech (see e.g., the Humaine workshop held immediately prior to and as a satellite of this conference). However, the terms ”emotion” and ”affect” are often used almost interchangeably. The goal of this panel discussion will be first to define and differentiate the two terms, as they relate to speech processing, and then to specify the different needs and requirements of research and technology development for each. All panelists have experience in these fields of speech and language processing, and will be able to call on their own experience as well as that gained from discussions in the half-day workshop preceeding LREC ”Corpora for Research on Emotion And Affect”. We look forward to lively contributions from the floor and hope that the discussion will allow us to establish a common ground between the various disciplines engaged in collecting related corpora so that a better understanding of the needs of each community may be achieved.