Error while running EjbStateless Client.

[Shubha shitole]

I am using eclipse 3.1 and jboss-3.2.5. Everything works fines till the time I create Stateless Ejb Bean. While running the client application I get the following error. Can anybody help me.
11:51:14,830 WARN [NamingContext] Failed to connect to 192.168.50.142:1099
javax.naming.CommunicationException: Failed to connect to server 192.168.50.142:1099 [Root exception is javax.naming.ServiceUnavailableException: Failed to connect to server 192.168.50.142:1099 [Root exception is java.net.ConnectException: Connection refused: connect]]
at org.jnp.interfaces.NamingContext.getServer(NamingContext.java:213)
at org.jnp.interfaces.NamingContext.checkRef(NamingContext.java:1185)
at org.jnp.interfaces.NamingContext.lookup(NamingContext.java:516)
at org.jnp.interfaces.NamingContext.lookup(NamingContext.java:509)
at javax.naming.InitialContext.lookup(InitialContext.java:347)
at com.test.EjbClient.FirstClient.getHome(FirstClient.java:26)
at com.test.EjbClient.FirstClient.testBean(FirstClient.java:48)
at com.test.EjbClient.FirstClient.main(FirstClient.java:66)
Caused by: javax.naming.ServiceUnavailableException: Failed to connect to server 192.168.50.142:1099 [Root exception is java.net.ConnectException: Connection refused: connect]
at org.jnp.interfaces.NamingContext.getServer(NamingContext.java:187)
... 7 more
Caused by: java.net.ConnectException: Connection refused: connect
at java.net.PlainSocketImpl.socketConnect(Native Method)
at java.net.PlainSocketImpl.doConnect(PlainSocketImpl.java:305)
at java.net.PlainSocketImpl.connectToAddress(PlainSocketImpl.java:171)
at java.net.PlainSocketImpl.connect(PlainSocketImpl.java:158)
at java.net.Socket.connect(Socket.java:452)
at java.net.Socket.connect(Socket.java:402)
at java.net.Socket.<init>(Socket.java:309)
at java.net.Socket.<init>(Socket.java:211)
at org.jnp.interfaces.TimedSocketFactory.createSocket(TimedSocketFactory.java:69)
at org.jnp.interfaces.TimedSocketFactory.createSocket(TimedSocketFactory.java:62)
at org.jnp.interfaces.NamingContext.getServer(NamingContext.java:183)
... 7 more
javax.naming.CommunicationException: Could not obtain connection to any of these urls: 192.168.50.142:1099
at org.jnp.interfaces.NamingContext.checkRef(NamingContext.java:1198)
at org.jnp.interfaces.NamingContext.lookup(NamingContext.java:516)
at org.jnp.interfaces.NamingContext.lookup(NamingContext.java:509)
at javax.naming.InitialContext.lookup(InitialContext.java:347)
at com.test.EjbClient.FirstClient.getHome(FirstClient.java:26)
at com.test.EjbClient.FirstClient.testBean(FirstClient.java:48)
at com.test.EjbClient.FirstClient.main(FirstClient.java:66)