Published: Oct 23, 2012 12:55 PM EDT

WASHINGTON- There's a new meaning to "let me buy you a drink."

Now, you don't even have to be in the same bar to do so. A Washington tech company developed an app to allow you to buy a friend a drink from anywhere. Reporter Lindsay Cohen gave us a sneak peek.

Ryan Halper and his best friend from their college days found there were so many events on social media without a way to celebrate.

"We felt like that was a real market need that wasn't being served," Halper said.

They decided to serve up their own celebration, inventing an app that helps you "toast" a friend in real time.

It's a social media site that shows your friends, who's got birthdays coming up, and more. You pick a participating restaurant, pick your poison and make your purchase. Your friend will receive an email instantly and can redeem it.

Sharing a cocktail tastes better when your best friend's paying for it.

The app is called "Gratafy," since the idea is instant gratification.

It officially launches Wednesday with 40 restaurants in western Washington.

The app includes not only drinks, but food as well, along with pool games and even comedy tickets. The company hopes to soon include other experiences, like golf games and hot air balloon rides.