I've been following the search for exo-planets for a while. This isn't really new news, but it's still great news. The planet's true shape, form, and location are not specifically known, though. It's still being observed.
However, even if the planet is of a perfect size, shape, and location and has an 'Earth-like' atmosphere, there's still a very high probability that life may not have started there. Even if it has, it's more likely that it's in the form of single-celled organisms or simple invertebrates and not some intelligent society like humans. (feel free to makes jokes)
Still, one can hope. It's unlikely we'll ever visit that planet within any conceivable amount of time, sadly. It's more likely we'll make radio contact over large spans of time. Though, truthfully, if there were life there and they were broadcasting radio signals, we'd have heard them by now.