Signs of water found on one of Saturn's moons, page 1

Good news fellow space fans! Evidence of water has been found on one of Saturn's Moons, Enceladus by Space probe Cassini.
Does this open up greater chances of finding life not only in space, but our own solar system?

edition.cnn.com
(CNN) -- The Cassini space probe has found evidence of geysers erupting from underground pools of liquid water on Saturn's moon Enceladus, scientists announced on Thursday.

High-definition pictures beamed back from the probe showed huge plumes of ice coming from the moon's south pole.

"We're inferring that there is a liquid water reservoir under the surface and it's erupting in a geyser-like fashion, maybe like the Yellowstone geysers you would see," said Linda Spilker, Cassini Deputy Project Scientist.

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The article says that the water is probably around 0 deg C under the surface, though it freezes when it comes to the surface. Does this mean that life may exist under water? We have life in our waters that are below such temperatures, and who knows that the temperature is like deeper underground.