 SANTA ANA, Calif.--BUSINESS WIRE--Iteris, Inc. NASDAQ: ITI, the global leader in smart mobility infrastructure management, today announced that its Board of Directors has initiated a comprehensive review of strategic alternatives to maximize shareholder value. Given Iteris participates in a large and dynamic market with multiple opportunities, the Iteris Board of Directors has decided to initiate a comprehensive review of strategic alternatives to maximize shareholder value, said Tom Thom 