Are you saying you're having problems logging in? It would probably be best to talk to whoever administers your systems there. "Connection timed out" means just that -- after waiting for a certain amount of time, the software couldn't connect to the server. This either means you're trying to connect incorrectly (you mention a "port", perhaps you're using the wrong connection parameters) or perhaps that there's a firewall issue (one of those brilliant "personal firewalls" for Windows that's silently dropping outgoing connections for you.)
But no, this message doesn't mean your account is gone -- it hasn't even gotten to that point yet.