We present the results of a multiwavelength monitoring campaign targeting the γray source 2CG 135+1 in an attempt to confirm the association of this object with the radio/Be/X-ray binary system LSI +61 • 303. The campaign included simultaneous radio, optical, infrared, and hard x-ray/γ-ray observations carried out with a variety of instruments, covering (not continously) almost three binary cycles of LSI +61 • 303 during the period April-July 1994. Three separate OSSE observations of the γ-ray source were carried out, covering different phases of the radio lightcurve. Hard X-ray/γray emission was detected from the direction of 2CG 135+1 during the first of these OSSE observations. The signal to noise ratio of the OSSE observations was insufficient to establish a spectral or intensity correlation of the high-energy emission with simultaneous radio, optical and infrared emission of LSI +61 • 303. We briefly discuss the theoretical implications of our observations.