EXHIBIT 99.4 PROXY WESTELL TECHNOLOGIES, INC. This Proxy is solicited by the Board of Directors of Westell Technologies, Inc. for the Special Meeting of Stockholders, on ______ __, 2000, 10:00 a.m., local time, at the Westell Corporate Headquarters, 750 North Commons Drive, Aurora, Illinois 60504. The undersigned hereby appoints Robert H. Gaynor, Marc Zionts and Melvin J. Simon, and each of them proxies with the powers the undersigned would possess if personally present, and with full power of substitution, to vote all Class A Common Stock and/or Class B Common Stock held of record by the undersigned in Westell Technologies, Inc., upon all subjects that may properly come before the special meeting, including the matters described in the joint proxy statement/prospectus furnished herewith, subject to any directions indicated on the reverse side of this card. THE UNDERSIGNED HEREBY REVOKES ANY PROXY HERETOFORE GIVEN AND ACKNOWLEDGES RECEIPT OF THE NOTICE AND JOINT PROXY STATEMENT/PROSPECTUS FOR THE SPECIAL MEETING. (THIS PROXY IS CONTINUED AND TO BE SIGNED ON THE REVERSE SIDE.) (Comments/Change of Address) _________________________________________ _________________________________________ _________________________________________ _________________________________________ (If you have written in the above space, please mark the corresponding box on the reverse side) THE FOLLOWING MATTERS ARE PROPOSED BY THE BOARD OF DIRECTORS 1.Approval of the Issuance For Against Abstain 3. In their discretion the of Shares of Class A Common [ ] [ ] [ ] proxies are authorized to Stock in the Merger vote on such other matters Approval of the issuance as may properly come of shares of Class A Common before the special Stock of Westell Technologies, meeting. Inc. in accordance with the agreement and plan of merger, dated as of December 13, 1999, by and among Westell Technologies, Inc., Theta Acquisition Corp. and Teltrend Inc. _______________ ________________ 2. Approval of an Amendment to Westell's For Against Abstain Amended and Restated Certificate of [ ] [ ] [ ] Incorporation Approval of an amendment to Westell's Amended and Restated Certificate of Incorporation to increase to 85 million the total number of shares of Class A Common Stock that Westell Technologies, Inc. is authorized to issue. _______________ This proxy when properly executed will be voted in the manner directed herein by the undersigned stockholder. If no direction is made, this proxy will be deemed to constitute direction to vote "for" each of the above proposals. Please mark, sign, date and return the proxy card using the enclosed envelope. Comments/Change |_| of Address Date ________________, 2000 ___________________________ Signature(s) ___________________________ Signature(s) (NOTE: Please sign exactly as name appears on this Proxy. When shares are held jointly, both should sign. When signing as attorney, executor, administrator, trustee, guardian, corporate officer or partner, give full title as such. If a corporation, please sign in corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized person.)