This workshop will address particularly the latest developments on Ultra Fast timing from 1-50 picosecond levels becoming achievable with the new technological development around recent photodetectors like solid state photodetectors (SiPM) and Multichannel Plates Photodetectors devices (MCP) but also new development with gaseous detectors like RPC and MGPD However, there are many challenging issues at many levels. The aim of this international workshop is to review the status of the various research and development aspects in a convivial and open-minded way with experts of these various developments and discuss the possible applications in a multidisciplinary environment from fundamental Physics (LHC and Super LHC, B factories, neutrino experiments, ILC and beyond) to medical applications on PET and particle therapy.