Proxy help!

Hi guys

Just updated to the new version of the Gateway and I am having trouble getting things to work. 

When adjusting the xml to point out my proxy "EnterpriseGatewayConfigurator.exe" wont start and says my XML is off.

The XML i try to add is just this - what is wrong with it?

</startup><system.net><defaultProxy <proxy 
    usesystemdefault="true" 
    proxyaddress="http://proxy.net:8080" 
    bypassonlocal="true" 
  /></defaultProxy></system.net><system.diagnostics><trace autoflush="true" indentsize="4"><listeners>

Any pointers would be appreciated. 

PS - My proxy doesnt require any for form authentification.

Jacob