Invalid timeout formats for SOAP Request

hi i am getting invalid timeout formats in response below is my SOAP request

<?xml version="1.0" encoding="utf-8"?>
<soap:Envelope xmlns:soap="http://schemas.xmlsoap.org/soap/envelope/">
<soap:Header>
<SecurityHeader xmlns="http://services.medconnect.net/submissionportal">
<UserName>2143883</UserName>
<Password><![CDATA[I3zt!7&W]]></Password>
</SecurityHeader>
</soap:Header>
<soap:Body>
<SubmitSync xmlns="http://services.medconnect.net/submissionportal"><request>
</request>
<requestFormat>EDI</requestFormat>
<responseFormat>EDI</responseFormat>
<synchronousTimeout>00:01:00</synchronousTimeout>
<submissionTimeout>00:01:00</submissionTimeout>
</SubmitSync>
</soap:Body>
</soap:Envelope>