Non-delivery reports (NDRs) are system messages that gets generated whenever a message cannot be delivered. If the computer can detect the reason for the failed delivery, it maps the reason onto a status code, and a corresponding error message is printed.
For NDRs, most numeric codes are reported in the form of 5.X.X (Similar to your case) and are described as permanent failures.
Now, according to this page:
http://support.microsoft.com/?kbid=284204
The numeric code: 5.5.0 means Generic protocol error (SMTP error)
Possible Cause: The remote SMTP response to our EHLO with a 500 level error and the sending system will QUIT the connection and report this with NDR indicating the remote SMTP server cannot handle the protocol. (For example, if a Hotmail account is no longer active, a 550 SMTP error will occur.)
To Troubleshoot: Run an SMTP Log or a Network Monitor trace to see why the remote SMTP server rejects the protocol request.
I hope it is clear for you now.
TK