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Conditional Formatting Using Hours/time

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I'm trying to use conditional formatting to highlight phone calls that came in between certain hours.

The call times are in the custom format h:mm, although it could easily be changed to an Excel time format. I'm using Excel 2002. I want the cell to have a different fill color if it falls within particular time frames.

Example: If the call came in between 22:00 and 23:59 color is light green.
If the call came in between 23:59 and 08:00 the color is yellow.

Example spreadsheet is attached.

Thanks in advance.

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