External ejb client fails to connect to JBoss EAP JNDI

Issue

• Upgrading from JBoss 4.0.x to JBoss EAP 4.3
• Updated the EJB to version 3 from version 2.1.

• My web app is up and running OK (able to connect to EJB local interface),  but I have a remote java client component that is not able to connect through the remote EJB interface.

  javax.naming.CommunicationException: Could not obtain connection to any of these urls: 192.168.1.1:1099 and discovery failed with error: javax.naming.CommunicationException: Receive timed out [Root exception is java.net.SocketTimeoutException: Receive timed out] [Root exception is javax.naming.CommunicationException: Failed to connect to server 192.168.1.1
  :1099 [Root exception is javax.naming.ServiceUnavailableException: Failed to connect to server 192.168.1.1:1099 [Root exception is java.net.ConnectException: Connection refused: connect]]]
       at org.jnp.interfaces.NamingContext.checkRef(NamingContext.java:1562)
       ...
  Caused by: javax.naming.CommunicationException: Failed to connect to server 192.168.1.1:1099 [Root exception is javax.naming.ServiceUnavailableException: Failed to connect to server 192.168.1.1:1099 [Root exception is java.net.ConnectException: Connection refused: connect]]
       at org.jnp.interfaces.NamingContext.getServer(NamingContext.java:274)
       at org.jnp.interfaces.NamingContext.checkRef(NamingContext.java:1533)
       ... 16 more
  Caused by: javax.naming.ServiceUnavailableException: Failed to connect to server 192.168.1.1:1099 [Root exception is java.net.ConnectException: Connection refused: connect]
       at org.jnp.interfaces.NamingContext.getServer(NamingContext.java:248)
       ... 17 more
  Caused by: java.net.ConnectException: Connection refused: connect
       at java.net.PlainSocketImpl.socketConnect(Native Method)
       at java.net.PlainSocketImpl.doConnect(Unknown Source)