Getting ORA-12545: Unable to resolve connect hostname due to MY_Wallet_Directory path in a .NET application

Hey i am asking this question again even after going through som many resources related to it i am not finding any solution.

I have a connection string which looks something like this

Data Source=(DESCRIPTION=(ADDRESS=(PROTOCOL = TCPS)(HOST =XXX)(PORT = 1523))(CONNECT_DATA=(SERVER = dedicated)(SERVICE_NAME=XXX))(SECURITY=(SSL_SERVER_CERT_DN= CN=XXX)(MY_WALLET_DIRECTORY=C:\Wallet)));User Id=XXX;PASSWORD=XXX;

I configured this in the web.config file as

<connectionStrings>
         <add name="ConnectionString" connectionString="{connection string encrypted form}" providerName="Oracle.ManagedDataAccess.Client" />
   </connectionStrings>

My application is a ASP.NET application

When i try to connect with this i am getting

System.Exception: Database Connectivity Exception, GetMaxDatabaseConnectivityTries Tries of 10 ended, Exception : Oracle.ManagedDataAccess.Client.OracleException (0x80004005): ORA-12545: Network Transport: Unable to resolve connect hostname --->

Diffrent methods i tried

1.I configured the same TNS in my tnsnames.ora and tried to connect using toad. I was able to connect. 2. I tried to ping the host name, I got response from the host. 3. Preveious to this the connection string which was working looked something like this

Data Source=(DESCRIPTION=(ADDRESS=(PROTOCOL = TCPS)(HOST =XXX)(PORT = 1523))(CONNECT_DATA=(SERVER = dedicated)(SERVICE_NAME=XXX));User Id=XXX;PASSWORD=XXX;

I am assuming the problem occured solely because of addition of the new security parameters.

Any help is deeply appreciated, Thanks in advance.