Just for giggles/nostalgia, SyncTerm does all the usual BBS bells and whistles plus has more modern Internet related features as well, still actively supported for all major platforms. (Not DOS though.) Kind of miss the BBS days, used run run a 6 line back in the 80's, fun stuff. Then that new fangled Internet fad came along. Switched from a huge phone bill to a huge Internet bill, don't miss the per-minute connection charges.. pretty expensive back then.
Not exactly news - it wouldn't surprise me anymore than HyperTerminal Plus - the shareware, and later freeware, upgrade for HyperTerminal - did.
HyperTerminal was one of those "etcetera" programs included with Windows 95 (and later NT4WS) when it launched. It could be used for BBS dial-up or as a terminal emulator; however, it had two deliberate lacks (to avoid being accused of anticompetitive bundling) - it didn't support the Zmodem protocol, and it didn't provide full DEC VTxxx terminal emulation; the later shareware/freeware HyperTerminal Plus fixed both of those flaws. (If you are thinking about HyperModem (both the transfer protocol AND the company), you'd be right on both ticks - that was the company behind all three products and the OS/2-based HyperBBS software.)
SyncTerm is, in fact, still around, complete with a full Win32 installer and Windows 8+ compatibility (the current version now requires the VC++ 2010 runtimes). SyncTerm homepage - http://syncterm.bbsdev.net/