IIS 7 Server on Windows 7: Localhost work but not local ip or external ip

Solution: Stop/ Set Firewall turn off in the Server PC and see the Magic !!!

Windows 7: (Computer Manager) MyComputer –> Manage –> Services and Application –> Internet Information Services (IIS) Manager –> PC Name –>Sites –> Default Web Site

Install Internet Information Services (IIS) Manager for Application Publication using Virtual Directory